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ZanzabumX [31]
4 years ago
11

The market system's answer to the fundamental question "Who will get the goods and services?" is essentially:___________.

Business
1 answer:
xz_007 [3.2K]4 years ago
6 0

Answer:

Those willing and able to pay for them.

Explanation:

The market system is based on the interplay of demand and supply forces this forces a system where the people who get the goods and services are those who are willing to pay for them.

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Pipes & Culverts Company orders six irrigation pumps from Quality Plumbing, Inc. The pumps are stored in Restorers Warehouse
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Answer: Title to the goods passes to Pipes when <em><u>Quality gives Pipes & Culverts a warehouse receipt for the drives.</u></em>

Here, in this case the condition states that Quality must give Pipes a warehouse receipt for the goods

<u><em>Therefore, the correct option to this question is (d)</em></u>

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3 years ago
20) Although sounding contradictory, some firms see great benefit to orienting operations that simultaneously focus efforts on e
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Answer:

transnational

Explanation:

A business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

A transnational strategy can be defined as a set of planned actions through which a company focuses on establishing other branches in foreign markets. Thus, there exist some level of centralization, cooperation and interdependence between its headquarter, branches, subsidiaries and retail stores.

This ultimately implies that, a transnational strategy simply involves companies adopting the following approach;

I. Focusing efforts on ensuring local responsiveness.

II. Aggressively reducing operational costs.

III. Systematically transferring ideas and innovations among subsidiaries.

Hence, companies following the aforementioned approach are considered to be following a transnational strategy.

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3 years ago
What benefits were derived from the Seattle supersonics move to Oklahoma?
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Answer: they got better land, and firtile soil

Explanation:

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The fact that one department may be labor intensive while another department is machine intensive explains in part why multiple
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Answer:

That statement is true

Explanation:

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Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.

Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.

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The _______ price is the point at which supply and demand for a good are equal.
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