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Vaselesa [24]
3 years ago
11

Weber’s concept of ____________ refers to the process where economic principles, such as efficiency and maximization of profit,

infiltrate everyday life.
Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

The correct answer is rationalization.

Explanation:

The concept of rationalization was given by Max Weber. According to him, rationalization is a process through which modern society is getting more and more concerned towards efficiency and predictability.

Efficiency can be defined as getting maximum results from minimum efforts, or in other words, maximum revenue from incurring minimum costs so as to maximize profits.  

In Weber's views, this economic principle is now being increasingly involved in the day to day life.

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Britt raises money from wealthy individuals and institutional investors, and invests them in a variety of promising new companie
natita [175]

Answer:

Britt is a Financial Manager.

Explanation:

A finanacial manager in a company is a person that is responsible for the financial health or well-being of a company. As the financial manager, the roles to be played includes; making financial reports, directly investing company funds, devloping plans/ strategies for the company's long term growth or development through fund raisers or bonds or any means seen fit.

Cheers.

5 0
3 years ago
The most effective means of increasing productivity and overcoming economic crisis in the Late Middle Ages came from Select one:
Natalka [10]

Answer:

c. technological advances

Explanation:

The most effective means of increasing productivity and overcoming economic crisis in the Late Middle Ages came from increasing the efficiency of workers and providing workers with better tools

6 0
3 years ago
Examples of barriers to entry include Group of answer choices Price taking. Patents. None of the Answers are Correct. Standardiz
Genrish500 [490]

Examples of barriers to entry include Patents.

<h3>What Are Barriers to Entry? </h3>

A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.

There are four main types of barriers to entry:

  • legal (patents/licenses),
  • technical (high start-up costs/monopoly/technical knowledge),
  • strategic (predatory pricing/first mover),
  • brand loyalty.

Most people think of patents as temporary entry barriers put in place by the government. Patent protection, however, typically restricts access rather than blocking it. A business may enter a market that is protected as long as its product complies with a minimum standard of novelty and does not violate any active patents.

To know more about barriers to entry refer to:  brainly.com/question/12589254

#SPJ4

8 0
2 years ago
A company has preferred stock with a current market price of $18 per share. The preferred stock pays an annual dividend of 4% ba
scZoUnD [109]

Answer:

Answer:

Dividend (D) = 4% x $100 = $4

Current market price (Po) = $18

Flotation cost (FC) = $1.50

Tax rate (T) = 40% = 0.40

Kp =   <u> D </u>

       Po-FC

Kp =   <u>  $4 </u>

        $18-$1.50

Kp = <u>$4 </u>

      $16.5

Kp = 0.24 = 24%

Explanation:

Cost of preferred stock equals dividend divided by the difference between current market price and flotation cost. Cost of preferred stock is not tax deductible.

3 0
3 years ago
In the short run, with predetermined prices, when output is greater than planned aggregate expenditures:
katen-ka-za [31]

Answer:

The decrease in production, is the right answer.

Explanation:

The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.

5 0
3 years ago
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