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scoundrel [369]
3 years ago
7

Around _____, the greeks recognized management as a separate art and advocated a scientific approach to work.

Business
1 answer:
Paraphin [41]3 years ago
7 0
<span>400 BC would be a good time frame to fit this definition. This goes along with the entire culture, which had started using a more systematic approach to describing the world around them, instead of simply using anecdotal evidence to make judgments.</span>
You might be interested in
Describe one specific way that taxes impact businesses. Describe another way that taxes impact individuals.
adelina 88 [10]

Answer:

By influencing incentives, taxes can affect both supply and demand factors. Reducing marginal tax rates on wages and salaries, for example, can induce people to work more. Expanding the earned income tax credit can bring more low-skilled workers into the labor force.

I think it might help you

7 0
3 years ago
The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions
klasskru [66]

Answer:

masculinity

Explanation:

Geerte Hofstede's theory of national cultural established 5 dimensions:

  • Power distance (PDI)
  • Individualism versus collectivism (IDV)
  • Masculinity versus femininity (MAS) : masculinity emphasizes ambition and wealth accumulation, while femininity emphasizes caring and nurturing behaviors, environmental awareness and gender equality.
  • Uncertainty avoidance (UAI)
  • Long-term orientation (LTO)

3 0
4 years ago
SOMEONE PLEASE HELP ME!!!!!!
luda_lava [24]

The answer to question one is raising financial capital is difficult and the owner is personally liable for business debts.

Sole proprietorships have a number of advantages and disadvantages. These are two of the biggest disadvantages.

Question number two can be solved through the process of elimination. The workers and shareholders would not be hiring anyone. This leaves the Presidents and Vice Presidents. The President would normally hire the Vice Presidents, and then the Vice Presidents would hire and supervise the heads of the departments.

8 0
3 years ago
Suppose the spot exchange rate for the Canadian dollar is Can$1.12 and the six-month forward rate is Can$1.14.
andreyandreev [35.5K]

Answer:

Explanation:

Given that:

a)

1$ = Can $1.12

It takes a value of 1 U.S dollar to have 1.12 Canadian dollars.  This signifies that the U.S dollar is worth more than Canadian dollars.

b)

Assuming that the absolute Purchasing Power Parity PPP holds,

Since 1$ = Can $1.12, the cost  in the United States of an Elkhead beer, if the price in Canada is Can$2.85 can be determined to be:

= \dfrac{2.85}{1.12}

= $2.545

c)

Yes, the U.S. dollar is selling at a premium relative to the Canadian dollar.

This is because we are being told that the spot exchange rate for the Canadian dollar is Can $1.12 & in six (6) months time the forward rate will be Can $1.14.

d)

The U.S dollar is expected to appreciate in value because it is trading at a premium in the forward market.

e)

Canada has higher interest rates. This determined by using the formula:

= \dfrac{(\dfrac{Fwd}{Spot }-1)}{n}

where; n= numbers of years = 6 month/12 month = 0.5 year

Then;

=\dfrac{(\dfrac{1.14}{1.12 }-1)}{0.5}

= \dfrac{(1.0178-1)}{0.5}

= \dfrac{(0.0178)}{0.5}

= 0.0356

= 3.56%

6 0
3 years ago
You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 2. If you want to increase
lukranit [14]

Answer:

the seller must lower the price by 12.5%

5 0
4 years ago
Read 2 more answers
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