The definition corresponds to the concept of prejudice, because it involves a set of opinions, thoughts, and feelings.
A prejudice is a concept from the Latin <em>praeiudicium </em>that refers to an opinion, thought, or feeling (usually negative) that a person has formed about something or someone in advance and without prior knowledge.
Prejudice is the action and effect of establishing a definition or a meaning for something before the opportune time, that is, before knowing it in depth.
Note: This question is incomplete because the question is missing. Here is the complete question:
- What concept does this definition correspond to?
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Answer:
C. managing broker over Agent Smith
Explanation:
a managing broker is someone is held liable over the actions of another broker office or agency that act on the managing broker's behalf. Thse office or agnecy are allowed to act without direct order from the managing broker, but managing broker will be the one that receive all the consequences.
All the profit that is made by managed entity (in this context agent smith) will have to goes to managing broker first and the managing broker will share the profit on a private term with Agent Smith.
In return, the managing broker will have to ensure that all of the agents that he/she has under disposal have to follow the compliance rule that is made by the government. He will manage the licence and annual tests of the agents in order to ensure consumer safety.
Answer:
capitalism
Explanation:
No country in the world is completely capitalistic or completely socialistic. Every government is a mixture of both, but most lean towards on side or the other.
The US was normally known as being the champion of capitalism, but when the republican party shifted its free market policies towards higher regulations and less trade, that started to change. On a capitalistic system, private entities (suppliers and consumers) decide how to allocate resources and they generally do it much more efficiently.
Pure capitalism doesn't accept governments, the laissez faire doctrine advocates for no government intervention, but in a real it is not possible.
Even in capitalistic countries, governments must exist and they need money to function, so they tax people and businesses. They also regulate some specific activities (e.g. monopolies, trade tariffs, etc.) and they try to redistribute wealth (e.g. welfare, unemployment benefits, free education, social security, etc.).
The US is still one of the most capitalistic countries in the world, although the last foreign policies point in another direction. Before the US advocated for free trade agreements and free trade zones, but that has been partially replaced by trade tariffs and quotas.
I took the business class last year but if I remember correctly Net profit is more important to consider because even if your net profit is 0, your company is still a success.
