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Pachacha [2.7K]
3 years ago
6

In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the factor

​ market:___________
Business
1 answer:
Nostrana [21]3 years ago
5 0

Answer: Goods and the services are exchanged

Explanation:

 The circular flow of the economical activity is refers to the various types of economical relationship in the market economy and the money and the wages are the form which is basically used for purchasing the products and the services.

 In the given factor market the various types of products and the services are get exchange by the interaction of organization and the household. It is also helps for calculating the specific national income.

Therefore, Goods and the services are exchanged is the correct answer.

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Sergio [31]
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4 0
3 years ago
Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
MakcuM [25]

Explanation:

The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.

Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.

5 0
2 years ago
Ryan's dad needs to drive bigger company vehicles in order to get promoted. What does he need?
VMariaS [17]

Answer:

A Commercial Driver License

Explanation:

When a person or an individual, who needs to drive the bigger vehicles of the company, that person or an individual needs or require to have a commercial driver license, which make the person authorize to drive the car. As the law, states, that the person should have a commercial license.

Therefore, Ryan's dad, who wanted to be get promoted, he needs to drive the bigger vehicles of the company, for that he needs or require the driver license and it is to be commercial one.

5 0
3 years ago
These are the four stages of the business cycle:
Brut [27]

Answer:

IT'S D

Explanation:

ON EDGE2020

7 0
3 years ago
The account balances and income statement of Winfrey Towing Service on June 30, 2018, follow:
Alina [70]

Answer:

1. WINFREY TOWING SERVICE

Statement of Comprehensive Income

                                           $

Service revenue               10,800

Rent expense                    (550)

Salaries expense              (1,900)

Dividends paid                  <u>(4,000)</u>

Net income                        <u> 4,350</u>

Statement of Retained Earnings

                                             $

Retained earnings b/f      3,900

Add: Net income               4,350

Retained earnings c/f       8,250

2. Statement of retained earnings report changes in retained earnings of a company in a given accounting year.

Explanation:

In this question, we need to obtain the net income of the company, which  is service revenue minus expenses minus dividend. Then, the statement of retained earnings is prepared by taking cognisance of the retained earnings brought forward and add the net income for the year.

7 0
3 years ago
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