Answer:
Explanation:
This could be due a number of factors.
1 Externality effect
2 There could also be market failure, when property rights are not properly defined.
Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.
Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.
<u>Translation of question : </u><u>In </u>Greek civilization meant high achievement in life, science, industry and the government system. Discuss this statement.
<u>Explanation:</u>
Civilization denotes the human society which lives in a particular culture, living conditions and the life. The society is not formed in a day it takes centuries to form a culture and way of living.
The achievements and developments one can see in elements such as life, science, industry and government system in a country is the civilization.
Each part of a community has different culture within a country. Civilization is a collective term for the way of living in a country. Some of oldest civilizations are Greek civilization, Mesopotamian civilization etc
Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.
Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.
Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.
CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.
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Answer: trading securities
Explanation:
An income statement is a company's financial statement and simply shows the revenues and the expenses of a company for a particular period. It shows how the company is doing whether it's running a loss or making profit.
The income statement reports changes in fair value for trading securities.
Answer:
Responsiveness
Explanation:
Market segmentationnis the process by which a company groups consumers on the basis of a shared characteristic which can be income status, education, age, location, race,and so on.
For segmentation to be successful the segment must be measureable, profitable, accessible, and market responsive.
Responsiveness is the level of adoption of the product by the target segment. If the segment is not responsive then that aim of the business is defeated. Consumer decision to purchase is key to product success.
