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4 years ago

What is a traditional economy

2 answers:

8 0

A traditional economy is<span> an original economic system where traditions, customs, and beliefs shape the goods and services the economy produces, and also the the rules and manner of their distribution.</span>

stellarik [79]4 years ago

5 0

xThe answer about the Traditional Economy is explained below.

Explanation:

A traditional economy is an economic system in which traditions, customs and beliefs are very important. These customs, traditions and beliefs make the system and shape the goods and services that the economy produces.

The rules and manner of the distribution of the goods and services are also defined or shaped by such customs, traditions and beliefs.

The economic decisions are generally based on families, clans, tribes or communities in this type of economic system.

This type of system is usually rural and farm based.

In such type of systems, there is a very little change over time. Traditional economies try to stick with their base and traditions and do not change much over time.

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Selling the rights to use your company's brand name in return for a lump-sum payment and a share of the profits generated is ref

Katarina [22]

Answer:

(D) franchising.

Explanation:

The franchising is an innovative idea to increase the sales of the company brand through which the company can able to capture maximum market size across the work. This strategy works with the motive to expand the business.

In this, there are two parties i.e franchiser and franchisee. The franchiser sells its logo, name, rights to the outlets that we called franchisee. For this, the franchiser gets the lump sum payment and profit share, etc.

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3 years ago

A business entity operated and taxed like a partnership, but with limited liability for the owners, is called a:

Masteriza [31]

Answer: A. limited liability company.

Explanation:

A Limited Liability Company (LLC) is a type of company that is operated and taxed like a partnership for instance, profits that flow to the partners are taxed on the partner's income but not on the firm to prevent double taxation. This is called Flow-Through Taxation.

They operate with limited Liability for the owners because the owners are only personally liable for the debts and liabilities the company has up until the capital they invested. Anything past this and they cannot be held liable.

8 0

3 years ago

14. Over a given year, nominal GDP increased by about 2.5%. Over that year, the GDP deflator decreased by about 4%. From this in

Mama L [17]

The answer is 1,009 and thats your answer

8 0

2 years ago

For years Print and Copy, a copier machine supplier, enjoyed strong sales and a huge share of the copier market, far ahead of it

anzhelika [568]

Answer:

<h2>The answer, in this case,would be option D. given in the answer choice or closed.</h2>

Explanation:

A closed system strategy basically signifies a confined and a non transparent business strategy which is characterized by a limited interaction between the concerned company or business organizations and its customers.
Under the closed system, the companies or business organizations often stick to their traditional or conventional products and services and are usually not open or receptive to contemporary and recent market trends and patterns adopted by their competitors.
In this case, Print and Copy mostly relies on their selling existing product lines which have traditionally yielded higher revenue and consolidated company's market share in the industry in comparison to its market competitors. It also doesn't depend much on product modification based on respective customer feedback and reviews to enhance customer satisfaction and market goodwill or reputation,thereby,exhibiting infrequent and limited business and customer interaction.

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3 years ago

Recent studies clearly indicate an association between TV advertising of foods and drinks and ______________________, especially

lesya [120]

Recent studies clearly indicate an association between TV advertising of foods and drinks and<u> the prevalence of childhood obesity,</u> especially in the United States.

<h3>What is Obesity?</h3>

This refers to the medical condition where a person is overweight and has an excess Body Mass Index.

Hence, we can see that based on the research made, it was found that there was a direct link between the use of TV advertising of foods and drinks and<u> the prevalence of childhood obesity,</u> especially in the United States.