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Tema [17]
3 years ago
5

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the

products most wanted by consumers would be to:
A. Permit government owned industries, such as telecommunications, transportation, and energy, and operate these firms as nonprofit organizations.
B. Allow private ownership of businesses, but make use of extensive regulation to force businesses to behave in a socially desirable way.
C. Allow entrepreneurs personal freedom to follow their own self-interest.
D. Impose high taxes on individuals, and use the revenue to subsidize businesses to encourage them to produce the maximum rate of output.
Business
1 answer:
evablogger [386]3 years ago
8 0

Answer:

The correct answer is C

Explanation:

The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

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Which of the following actions should the customer support manager take to best motivate these employees? Share trends in averag
Evgesh-ka [11]

Answer: Place a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes.

Explanation:

Good emotional display go a long way in encouraging people who work for an organization and it in turn reflects on how well they would treat the customer's. Employees are further encouraged when they are not under excessive pressure by either employer or the customer's but are rather given an environment void of worries, it helps them respond well and carefully. The customer support manager placing a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes sends a relief message to the employees to carry out their work with ease.

4 0
2 years ago
The lazy-boy furniture company collects information about a wide variety of competitive, economic, political, legal and regulato
Sonja [21]

Environmental Scanning.

5 0
3 years ago
Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in
77julia77 [94]

Answer:

$1000

$1010

Explanation:

The formula for determining simple interest = principal x time x interest rate

The formula for determining compound interest = future value - amount invested

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

1000 X 0.01 X 1 = $10

Given the figures in the question, the simple interest each year would be $10 based on $1000

But the compound interest in year 2 = 1000 x (1.01)^2 = 1020.10

1020.10 - 1000 = 20.1

compound interest in year 2 = 20.1 - 10 = 10.1

or

1010 x 0.01 x 1 = 10.1

7 0
2 years ago
​_____ is the industry term for inventory and cash losses from shoplifting damage to​ merchandise, and employee theft.
vichka [17]

Answer:

correct answer is C. Shrinkage

Explanation:

Shrinkage is industry term for an inventory and the cash losses

because shrinkage is difference between the record inventory and actual inventory so that shrinkage is the loss of an inventory and some factor that is attribute like vendor is fraud , employee theft or cashier errors or could be administrative error etc

so here correct option is  C. Shrinkage

7 0
3 years ago
vasily is a manager at a large snack foods company. vasily believes his company would benefit from being larger and thinks the s
prohojiy [21]

Vasily pushes for an acquisition anyway. The reason for this acquisition is principal agent problem.

A conflict of interests between a person or group and the agent appointed to act on their behalf is known as the principal-agent dilemma. It is possible for an agent to do actions that are not in the principal's best interests.

The principal-agent problem is as complex as the range of principal and agent responsibilities. It can happen in any circumstance where the primary or owner of an asset transfers direct control of the asset to a third party or agent.

Agency costs are the possibility that the agent will take actions that are not in the principal's best interests. In order to align priorities and solve a principal-agent problem, the rewards system may need to be changed.

To know more about principal agent:

brainly.com/question/15847415

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3 0
1 year ago
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