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Dmitrij [34]
3 years ago
15

Why is it important to understand economics

Business
1 answer:
Nookie1986 [14]3 years ago
5 0
Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
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Career skills refer to the complicated tasks performed on the job <br><br> T or F
aksik [14]
The answer is  fales hope i helped
3 0
3 years ago
Read 2 more answers
Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it do
devlian [24]

Answer:

FALSE

Explanation:

The resource management refers to how efficient and effective are used the organization's resources.

We must understand for resources the following:

  • financing
  • finished goods
  • raw materials
  • human resources
  • information and technology
  • natural resources

As a service-providing organization do not employs a manufacturing process theyr levels of planning are lower in a service-providing organization

5 0
3 years ago
Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institu
Sergio [31]

Answer:

1. Commercial banks

2. Life insurance companies

3.  Mutual funds

Explanation:

commercial banks

The commercial bank is a financial institution that accepts deposits and offer other services such as giving loans and other basic financial services to both individuals and organisations.  

Life insurance companies

The life insurance companies are financial institutions that provide lump sums otherwise known as death benefits to beneficiaries  of their policy holders upon their demise, provided that premium is paid on regular basis.

Mutual fund

A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual Funds are operated by professional fund managers, who invest the fund's capital and attempt to produce capital gains and income for the investors.  

One of the main advantages of Mutual Funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gain or loss of the fund.​

4 0
3 years ago
________ get things done through other people. they make​ decisions, allocate​ resources, and direct the activities of others to
Galina-37 [17]
Managers get things done through other people. They make decisions, allocate resources and direct the activities of others to attain goals. 

Managers oversee the work being done by an organization and communicate what needs to be done down through the appropriate channels. Managers have a very important role in how an organization operates because they keep everyone on track with what needs to be done. 
7 0
3 years ago
a company earned $3,000 in net income for october. its net sales for october were $10,000. its profit margin is
kari74 [83]

Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

6 0
3 years ago
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