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kondor19780726 [428]
2 years ago
12

Which factor places this nation in the transitioning category?

Business
1 answer:
lys-0071 [83]2 years ago
5 0

Answer: B. It is shifting from a planned to a free-market economy.

Explanation:

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5. The time required and costs involved in an external audit are much higher as compared to internal audits.​
harina [27]

Answer:

True

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is this a question??

3 0
3 years ago
In 5-10 sentences, answer the Question; What is a Market Economy?
Ulleksa [173]

Answer:

A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.Market economies range from minimally regulated free-market and laissez-faire systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning—which guides yet does not substitute the market for economic planning—a form sometimes referred to as a mixed economy.

8 0
3 years ago
The Vice President of Biomedics is trying to decide on the composition of a new product development team. If she chooses members
Marina86 [1]

Answer:

b. Increase in communication and coordination costs

Explanation:

Based on the information provided within the question it can be said that she will likely experience a disadvantage with an Increase in communication and coordination costs. This is mainly due to the fact that those individuals are already used to communicating and coordinating with their teams in a very specific way that they have developed through months of working together. By putting members from different divisions together they have to learn how to coordinate with one another which will take time and money.

8 0
3 years ago
Suppose the price of salt increases by 25 percent​ and, as a​ result, the quantity of pepper demanded​ (holding the price of pep
Lisa [10]

Answer:

Option (C)

Explanation:

As per the data given in the question,

Price of salt increases by = 25%

Quantity of pepper demanded increases by = 4%

Cross price elasticity = Quantity of demand increases ÷ Price of salt increases

= 4% ÷ 25%

=0.16  

Hence Cross-price elasticity of demand between salt and pepper would be positive.

So option (C) is answer

8 0
2 years ago
To overcome possible problems with budgets that are developed only by top level managers, an alternative is to use: A. Mandatory
Dafna11 [192]

Answer:

Paticipative budgets

Explanation:

A budget can be defined as a financial plan which gives an estimate of income and expenditures. A budget is a tool that is utilized by different organisations to manage their resources inorder to achieve their various objectives and goals.

A budget shows the different costs incurred by the organisation within a particular period of time.

Participative budgets is a type of budget in which the low level management of an organization are involved in the preparation of budget. It helps to prevent top managers from unruly behaviours.

Participative budget enables the top level and low level managers to share information that will lead to the growth of the organisation.

8 0
2 years ago
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