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emmasim [6.3K]
2 years ago
15

What are the scopes of microeconomy​

Business
1 answer:
MAVERICK [17]2 years ago
7 0

MICROeconomics refers to the effects and purchasing decisions of individuals.

This differs from MACROeconomics which focuses on large scale views of things that affect the economy as a whole like inflation and interest rates.

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Barbara wants to reconcile her bank statement. She needs to calculate beforehand and look for when she gets her statement.
Veronika [31]

Answer: Barbara needs to look for running balance or the amount the has been recorded.

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3 years ago
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
kondor19780726 [428]
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
4 0
3 years ago
An online sales order processing system most likely would have an advantage over a batch sales order processing system by: Recor
tensa zangetsu [6.8K]

Answer:

The answer is: Enabling shipment of customer orders to be initiated as soon as the orders are received.

Explanation:

In a batch sales ordering process, your sales team gathers information about sales throughout an specific period of time and then enters it into the system all at once. While an online sales order processing system processes each sales transactions into your system immediately.

Imagine you want to buy a set of chairs and the salesman takes your order at 9 AM. If the salesman uses a batch sales ordering process, he might have to wait until midday to place your sales order along with all the other sales he did in the morning. If he was using an online sales order processing system, your sale would have been processed immediately without any other delay. That obviously saves time.    

4 0
3 years ago
Which of the following is considered important in a company's attempt to strengthen partner relationships? Group of answer choic
enot [183]

Answer:

All of the above are considered important in strengthening partner relationships

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Partner relationship exists when two or more people come together to undertake a business venture. Profits and losses are between all partners.

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A strategic path for objectives of the partners means the business does not only plan but executes its plans.

Shared vision and objectives ensures the partners work in harmony to achieve set targets.

The obejecives should be measureable, this sets realistic milestones.

Also shared vision and objectives should be formally agreed to by all parties.

8 0
2 years ago
The video describes an instance in which Dominic discovered that a heart surgeon had just taken a new job at a large hospital wh
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Answer:

Prospecting

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3 years ago
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