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hoa [83]
3 years ago
7

This 18th century economist coined the term "invisible hand," a metaphor representing the natural forces that drive individuals

to succeed economically, which are the same forces that "invisibly" guide a large economy.this 18th century economist coined the term "invisible hand," a metaphor representing the natural forces that drive individuals to succeed economically, which are the same forces that "invisibly" guide a large economy.
Business
1 answer:
ipn [44]3 years ago
8 0
This 18th-century economist is Adam Smith who is hailed the Father of Economics. In his 1776 book  "An Inquiry Into the Nature and Causes of the Wealth of Nations" Smith argues that society benefits in a free economy in which individuals are motivated by their own self-interest which unintentionally benefits society as a whole. Smith's aim using the term moreover was to attack the mercantilist system which was prevalent during his time. 
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Freulia Inc. manufactures and sells stationery and office supplies. It is beginning to lose its competitive advantage with the e
Gekata [30.6K]

Answer:

The answer is: rebuild its own competitive advantages

Explanation:

Core competencies give a company their competitive advantages, but as time goes on they tend to become core rigidities (e.g. Kodak's competitive advantage was based on its photographic film, but technology made affordable digital cameras available and Kodak went bankrupt).

Every company must rebuild their competitive advantages to adapt them to changing scenarios, cultures and technologies (e.g. Coke, Diet Coke and Coke Zero).

Freulia Inc. has to develop or modify their competitive advantages to keep doing business.

4 0
3 years ago
On December 21, 2020, Sheridan Company provided you with the following information regarding its equity investments.
xxMikexx [17]

Answer and Explanation:

The Journal entries are prepared below:-

a. Unrealized Holding Gain or Loss - Income  Dr, $1,460

            To Fair value Adjustment $1,460

(Being unrealized holding income is recorded)

b. Cash  Dr, $8,770

Loss on Sale of Investment  Dr, $430

          To  trading Equity Investment $9,200

(Being sale of the Colorado Co. stock during 2021 is recorded)

c. Fair value Adjustment Dr,  $880

          To Unrealized Holding Gain or Loss - Income $880

(Being adjustment of fair value is recorded)

Working note:

Stock                     Cost             Fair Value       Unrealized Gain(Loss)

Clemson Corp.

Stock                    $18,700        $17,690             -$1,010

Buffaloes Co.

stock                     $18,700         $19,130             $ 430

Net unrealized gain (loss)                                    -$580

2020                                                                       -$1,460

Fair value adjustment for 2021                              -$880

5 0
3 years ago
Suppose you return to college and earn an MBA, after which you get an upper-management position with Yum! Brands. If your starti
rosijanka [135]

Answer:

Therefore, it is more than $8,800. So, the correct answer is B

Explanation:

In the year 2016, Social insurance tax was 7.65%

From 7.65%, 6.20% applicable for social security tax upto the income of $118,500 and 1.45% to Medicare for all the earnings.

Aggregate income = $125,000

Social security tax = $118,500 × 6.20%

= $7,347

Medicare tax = $125,000 × 1.45%

= $1,812.5

Total Social insurance tax = Social security tax + Medicare tax

= $7,347 + $1,812.5

= $9,159.50

Therefore, it is more than $8,800. So, the correct option is B

3 0
3 years ago
Angela, a recent university graduate, wants to start a fashion boutique that will sell tailor-made garments and accessories. She
ella [17]

Answer:

E. The Small business Administration

Explanation:

The small business administration is an agency that supports  small business and entrepreneurs with setting up of their business. The small business administration helps with  the provision of counseling to aid individuals trying to start and grow businesses.

Therefore Angela should meet the Small business Administration for financial and managerial assistance.

4 0
3 years ago
The accounting for defined contribution pension plans is easy because each year:a. The employer records pension expense equal to
Anna71 [15]

Answer:

A) The employer records pension expense equal to the annual contribution.

Explanation:

Defined contribution (DC) pension plans are retirement plans that allow both the employer and employees make contributions and invest the those funds to try to earn more money for the moment they retire. So the future benefits will change depending on the performance of the invested funds.

3 0
3 years ago
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