The answer is true because it didn’t say that he did said that business failures are much lower than traditionally reported if you don’t mind can pls mark me as brainliest I hope this helps if I doesn’t then go on the website course hero
Answer:
b. cultural relativism
Explanation:
Cultural relativism refers to the ideology that what applies to current situation do not necessarily apply to another situation also.
As in the given instance the Shangrilah Sandals make grease payments in their own country as it is a developing country, but do not practice the same in another country called US as it is a developed country.
As the income of people in that country is high they do not believe in taking or accepting grease payments.
Thus, the correct option is:
b. cultural relativism
Answer: The correct answer is "A. Question marks".
Explanation: This firm would be placed in the "Question marks" category of bussiness in the BCG matrix.
The questions are those that still do not know what their evolution will be (usually those that are in the development or launch phase), but which can become star products.
Answer:
opportunity cost
Explanation:
The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.
Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.
Therefore, the right answer is Opportunity cost.
Answer:
The correct answer is option A.
Explanation:
Money can be defined as an object that is widely used as a medium of exchange in economic transactions. The primary function of money is to act as a medium of exchange for goods and services.
Other than that money also performs a number of secondary functions. It acts as a store of value, unit of account and standard of deferred payments.
Money can be of different types such as commodity money, bank money, and fiat money.
