Answer:
Productive Resources Owners : Households
Resources : Land, Labour, Capital, Entrepreneur [paid rent, wages, interest, profit]
Explanation:
Simple (Two Sector) Circular Flow of Income : shows how receipts & payments for factor services, goods & services revolve within two sectors of economy.
Here, the two sectors are :
- Households : Owners of factors of production & consumers of final goods & services
- Firms : Buyers of factors of production & providers (sellers) of final goods & services
Households provide firms with factors of production : Land, Labour, Capital, Entrepreneur. In return, firms pay them with respective factor payments : Rent, Wages, Interest, Profit. They produce final goods & services by utilising the productive factors.
Firms sell these final goods & services to households. In return, households pay them prices for the for their purchased goods & services, through the factor incomes they had earned from firms.
Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
Answer: See explanation
Explanation:
The bank reconciliation as of October 31 from the above information has been attached.
After the calculations, we can see that the reconciled balance was $761.
NB: The error of $9 was gotten as:
= $65 - $56
= $9
Other necessary information can be seen from the attachment.
When multinational companies come into a nation, they serve as additional competition for businesses in the new country. For Leyla and Sofia who have been told to develop a strategy to defend against the entry of multinational companies into Vietnam, two strategic approaches they can employ are;
- Deploy (1) acquisition and (2) rapid-growth strategies to better defend against expansion-minded internationals.
For their company to better match these multinational companies, they have to come up with strategies to make their business stand out.
Customer acquisition strategies can be designed to convert prospects into real customers. Content marketing and advertising are ways to do this.
Also, rapid growth strategies like diversification, product innovation, and market penetration can also help their company defend against the multinational companies.
Learn more here:
brainly.com/question/13527052
Answer:
The Decision makers predicted accurately the general price level increase.
Explanation: CPI(consumer price index) is a macroeconomic measure that is used in some countries like the United States of America to measure the general changes in the average price level of a basket of Consumer goods and services rendered within an economy during a period under review.
WHEN DECISION MAKERS MAKE CERTAIN FUTURE FORCAST OR PREDICTION AND IT TURNS OUT TO BE TRUE WITHIN THE RANGE PREDICTED, IT MEANS THAT THEIR PREDICTION OR FORCAST WAS ACCURATE.