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nignag [31]
3 years ago
14

According to economists, natural resources, labor, capital, and entrepreneurship are called

Business
1 answer:
Cloud [144]3 years ago
6 0
It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
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Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?
Tanya [424]
<span>Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.</span>
3 0
3 years ago
Experience indicates that strategic alliances Group of answer choices work best when they are aimed at achieving a mutually bene
nikdorinn [45]

Answer: Stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals

Explanation:

Strategic alliance occurs when two or more companies join hands together in order to achieve strategic outcome that's mutually beneficial to the parties involved.

It should be noted that companies to into Strategic alliance in order to improve market access, improve supply chain efficiency and to also gain economies of scale.

Lastly, it should be noted that strategic alliances stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.

3 0
3 years ago
In a business report, the conclusions present suggestions on how the problem might be solved Group of answer choices True False
Yuki888 [10]

Answer:

False

Explanation:

In a business report, the conclusions section explains what all the collected information means and summarizes the most important parts of the report.

While the recommendations section actually presents a list of suggestions and/or specific actions that should be taken.

7 0
3 years ago
LeGo Financials offer two investment plans. Investment A pays 9 percent interest compounded monthly, whereas Investment B pays 1
12345 [234]

9.38%; 10.25%

Explanation:

The annual rate rate of return is based on the amount of money earned or expended at year-end and is split at the start of the year into an initial investment. The annual returns or cumulative annual rate is also related to as this form.

For example, if you make monthly payments, divide by 12. 2. Multiply by the remaining balance of your mortgage which will be the entire principal for your first deposit. You must incur an excess amount by the amount of the value of your interest rate.

7 0
2 years ago
One of your fellow investment adviser representatives (iar) at your firm recently came to you and asked for a loan. you couldn't
brilliants [131]

The Uniform Securities Act governs such actions and by performing these actions, the IAR has:

Performed an unethical business practice

Broken his fiduciary duty and created a conflict of interest

The Model Rule on Unethical Business Practices does not allow the loaning or borrowing of a client and an investment advisory representative or IAR because this may constitute a conflict of interest.

4 0
3 years ago
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