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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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The ability of an organization to effectively identify, acquire, foster, and retain loyal profitable customers is:
AleksAgata [21]

Answer:

c. customer relationship management

Explanation:

Customer relationship management -

It is the method , to manage the interactions of the present or previous customers with the company , by using the data , is known as the customer relationship manangement .

It make use of all the previous data in order to increase the business realtionship with the cutomers , for better profit .

The CRM , takes help from the website of the compnay , emails , chats and even social media , to perform its task .

4 0
3 years ago
As the average income in China continues to​ increase, explain how the following will​ change: a. The demand for beef b. The dem
7nadin3 [17]

Answer:

C. increase if beef is a normal​ good; decrease if rice is an inferior good.

Explanation:

As the average income in China continues to​ increase, we would expect the demand for beef to increase if beef is a normal​ good and the demand for rice to decrease if rice is an inferior good.

Normal goods are goods whose demand increase with the increase in income of consumer, however, demand decreases with the decrease in the income of consumer as we know Income is a key factor, which affect the demand of goods and services. Examples of Normal goods are Beef, Pizza, etc.

Inferior goods are goods whoes demand decreases with the increase in income of consumer, however, demand increases with the decrease in the income of consumer. Examples of Inferior goods are Cereal, Rice, non branded noodles etc.

7 0
3 years ago
A statement of cash flows reflects a net cash flow from operating activities of -$89 million, a net cash flow from investing act
Mumz [18]

Answer:

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

Explanation:

Movement of Cash during the year :

Net cash flow from operating activities  -$89 million

Net cash flow from investing activities     $42 million

Net cash flow from financing activities     $28 million

Movement during the year                        -$19 million

Conclusion,

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

8 0
3 years ago
What is the most advantageous filing status allowable for Aurora?
yKpoI14uk [10]

Answer: Single

Explanation: Aurora cannot claim her son for the earned income credit because he did not live with her for more than half the year and does not meet the residency test

4 0
3 years ago
Property-tax revenues for the county were reported at $770,000 on its governmental funds statement, but property-tax revenues on
Lemur [1.5K]

This Question is not complete

Complete Question:

Property tax revenues for Rose County were reported at $770,000 on its governmental funds statement, but property tax revenues for governmental activities on the County's government-wide statement of activities were reported at $800,000. This difference likely arose because:

A) an accounting error was made; property tax revenues should be reflected at the same amount on both statements

B) some revenues were deferred on the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balance because the availability criterion was not met; however, those revenues should be recognized under the accrual basis on the government-wide statements.

C) property tax revenues are recognized in the period the bills are sent out for government-wide reporting but they are recognized when the cash is collected for fund reporting

D) when reporting on a fund basis, an allowance for uncollectibles reduces revenues; this allowance is not necessary for government-wide reporting

E) all of the above are likely explanations for the difference

Answer:

B) some revenues were deferred on the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balance because the availability criterion was not met; however, those revenues should be recognized under the accrual basis on the government-wide statements.

Explanation:

Government fund statements are statements of accounts for a particular fund.

Government-wide statements show us the statement of accounts for all funds used by the government. These funds can be funds used for government related activities or business related activities carried out by the government. The position of a government financially is always shown on a government wide statements.

5 0
3 years ago
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