Answer:
The economic system is Capitalism also called free market economy.
Explanation:
In capitalism, trade and businesses are controlled by an individual or privately owned for profit. A Person or a companies makes almost all decisions, while most of the properties are owned by them. The means of production is privately owned by John and he operates the shoe store for profit. Since he is the owner, the capital profit belongs to him and he can decide on what to do with the profit.
Answer:
A few incentives are kids, family, food, a home, etc.
Explanation:
If you don't have enough money for your kids then you will barely be eating and will be struggling in debt, and your home wont be in top shape to live in.
Answer:
Sell before assembly, the company will be better off by $3 per unit
Explanation:
the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit
Profit = revenue - cost
Profit that would be earned from selling the unassembled unit = $52 - $24 = $28
Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25
The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit
Answer:
The answer is: Angela's savings rate is 10.89%
Explanation:
To calculate Angela's savings rate we can use the following formula:
Angela's savings rate = (total amount saved / total disposable income) x 100%
Angela's savings rate = ($319 / $2,928) x 100% = 0.1089 x 100%
Angela's savings rate = 10.89%
Some firms, industries and cultures have different corporate social responsibility (CSR) thresholds than others due to differences in the operating area, level of business complexity and legal and cultural differences between countries.
Corporate social responsibility is an increasingly growing requirement in today's society, which considers organizations to be institutions that promote social and environmental development.
CSR types can be:
- Preservation of the environment
- Diversity and Work Practices
Therefore, each company will identify the best strategy to implement CSR in its processes, in order to create value for stakeholders, increase employee satisfaction, be more competitive and positioned in the operating market.
Learn more about CSR here:
brainly.com/question/14624782
