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lana [24]
3 years ago
15

As a business owner, you're responsible for making the decisions that pertain to the profitability of your business. This decisi

on-making freedom best reflects the _____ advantage of small business ownership.
Business
1 answer:
kobusy [5.1K]3 years ago
7 0

Answer: Independence

Explanation: Independence can be explained as a state of existence where one's personal decisions, actions or steps does not hinge on another person's approval or acceptance. It could be seen as a state of autonomy where one can personally decide and actions one feels is best for a certain process at a particular time.

As a business owner, one thinks and acts based on one's personal volition of what is best for his or her business without having to sit and discuss with a group of individual's who may habiur different perceptions or scope. This freedom is usually enjoyed by small business owners rather than large groups of companies or corporations.

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Lydia owns a fashion store for women, and her main focus is on providing quality customer service. The staff is trained to treat
elena55 [62]

Answer:

D) normative control.

Explanation:

In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.

In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.

Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.

8 0
2 years ago
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A country's ability or intention to meet its financial obligations determines its ________.
vodka [1.7K]
The answer is economic risk.
4 0
3 years ago
What is the difference of communism and socialism?<br><br>​
quester [9]
Communism there is No private ownership,central government,No class Distinction, Production for basic needs.


For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
4 0
2 years ago
Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
puteri [66]

Answer:

Blank Report

Explanation:

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2 years ago
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Which of the following is likely to have the most price elastic demand?a. ice creamb. frozen yogurtc. vanilla ice creamd.Häagen-
zepelin [54]

Answer:

Haagen-Dazs vanilla bean ice cream

Explanation:

Demand is said to be most elastic if a slight change in price leads to a drastic change in quantity demanded. Normal goods are least elastic as increase in price does not lead to tremendous decrease in price.

However, luxury goods are most elastic as these goods are preferred when their prices are lower. They are not essential. As such, demand falls drastically in case of rise in price. So, Haagen-Dazs ice cream would have most price elasticity as this is a luxury good and rest of the items are normal goods.

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2 years ago
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