Answers are:
<span>They are flat
A single leader makes most decisions
Roles are undefined
</span>They are common to small businesses
In an entrepreneurial business structure, the owner-manager makes almost all decisions and performs various roles within the company. He interacts directly with the few employees he has, often performing roles that would be "beneath" the CEO of a larger company. This is called a flat organizational structure.
Roles are not generally well defined, as there are not enough employees for the level of specialization that larger companies would have. These are common features of a small business, often in the start-up phase.
Answer: a. The manufacturers had engaged in a per se violation of antitrust laws.
Explanation: The Sherman and Clayton Acts would apply to US companies. The group of manufacturers of LCD screens were not specified as US companies. But by virtue of the fact of colluding with Korean makers they would have per se been violating the the Monopoly Regulation and Fair Trade Act (MRFTA) of Korea.
Economists believe that the wants of people are infinite.
<h3>What is want in economics?</h3>
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
Read more on want and scarcity here:
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Answer:
It is True.
Explanation:
A population may refer to an entire group of people, objects, events, hospital visits, or measurements.
<u>Solution and Explanation:</u>
Answer 1 The Net present value = the Present value of all the cash inflows minus the present value of all the cash outflows
= $171428.57
Answer a-2) yes, definitely the business should be started as the net present value is positive.
Answer b) Break even growth rate = the required rate – Cash flows / investment
= 3.37 percent.
