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Karolina [17]
3 years ago
12

Economists describe the group that includes: natural resources, capital, human resources, and entrepreneurship as _______.

Business
1 answer:
Nina [5.8K]3 years ago
3 0

Answer:

Factors of production

Explanation:

Factors of production are inputs needed in the production of goods and services. They are land, labour, capital and entrepreneurship.

Land includes all natural resources.

Labour is all human resources.

I hope my answer helps you.

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Managerial coordination refers to the
Vinvika [58]

Answer:

A process whereby managers direct employees to perform certain tasks.

Explanation:

Coordination plays a very important part in the success of an organization. With a number of different people and departments working towards a common goal, it presents a lot of advantage to help keep the efforts synchronized and integrated.

Cordination is an ongoing process for achieving a specific goal in the organisation.

Managerial coordination ensures unity of action among the employees in carrying out various activities and tasks to ensure the growth of the organisation.

6 0
3 years ago
Which of the following definition below describes a wall opening
Tcecarenko [31]
I didn't find the answer for an expression for business regarding an opening wall. The one I know is an opening at least 30"" high and 18" wide in a wall or partition through which people may fall
8 0
3 years ago
Why does an unsecured loan have a higher interest rate than a secured loan?
Tomtit [17]

Answer: A

Explanation: There is a higher risk for banks when they give an unsecured loan. Secured loans have a collateral to back the loan, whereas unsecured loans are not a secure (hence the name).

Hope this helps!

6 0
2 years ago
To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current ye
Makovka662 [10]

Answer:

the prior year's amount

Explanation:

In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.

Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.

The percentage change aims to compare increase in a financial statement line item against the previous year's amount.

This will give an idea of how much increase has occurred on previous performance.

So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100

7 0
3 years ago
In the late 1800s, Cecil Rhodes took the money he made from renting water pumps to miners and used it to buy up the claims of sm
Nimfa-mama [501]

Answer: Entrepreneurial ability

Explanation:

A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.

B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.

C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.

D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.

Hence we can conclude that Cecil Rhodes played entrepreneurial ability.

7 0
3 years ago
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