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Norma-Jean [14]
3 years ago
8

Why was Frederick Von Hayek against government intervention in an economy

Business
2 answers:
ahrayia [7]3 years ago
8 0
For Friedrich Von Hayek less government intervention mean't more economic freedom he believed that if people are free to choose then the economy runs more efficiently also would improve the economy situation.
malfutka [58]3 years ago
4 0

Answer:

It would reduce people’s economic freedom.

Explanation:

This is 100% the right answer because I got this question on a test and this was correct.

~Please mark me brainliest :)

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Steve’s Lumber Company features a large selection of materials for flooring, decks, moldings, windows, siding and roofing. It is
liq [111]

Answer:

1. The major issue in the process is the lack of communication between different parties. The process being manually driven, might affect the customer satisfaction and lead to lost sales. The changes which need to be made is to make available the price information of different items at once, when the customer comes in to place an order. This can be made possible by asking the suppliers to send the updated sheet every morning before the day's business begins. It will be better if the entire uncatalogued as well as the price sheet is in electronic form, which can be updated immediately, as soon as the information is received from supplier in the morning. One better alternative is to connect the suppliers through an ERP so that their price might reflect at the company's end as soon as it is updated, It will reduce much hassle and mistakes that might creep in due to manual process.

2. a. The number of customers leaving per day / week to competitors due to inefficiency.

b. Total average delay in customer's order.

c. Customer satisfaction rating of the process as this will give the overall picture of customer's opinion about the company.

3. The information system might enable the suppliers to update their information each day which can then be used by the company reps to find out the right price of an item and enable him /her to provide the estimate immediately, leading to greater customer satisfaction, reducing the lost sales and eliminating the chances of a wrong quote being given.

4 0
3 years ago
The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and st
nikdorinn [45]

Answer:

Standard error of the mean = 3

Explanation:

Given:

Mean Distribution = $100

Standard deviation = $12

Total number of player = 16 player

Standard error of the mean = ?

Computation of standard error of the mean:

Standard error of the mean = Standard deviation / √ Total number of player

Standard error of the mean = 12 / √16

Standard error of the mean = 12 / 4

Standard error of the mean = 3

7 0
2 years ago
Diana likes Anakia, a tent-making company. When she saw the latest ad for its tents, she could recall how sturdy and easy to use
grigory [225]

i think it is D.Information overload

7 0
3 years ago
What's the advantages of ms word ?​
mash [69]

Answer:

MS WORD IS A MULTI PURPOSE WORD PROCESSOR WHICH HELPS IN CREATING

  • BROCHURES
  • LETTERS
  • GREETING CARDS etc.
<h2><u>please</u><u> </u><u>follow</u><u> </u><u>me </u><u>and </u><u>mark </u><u>it </u><u>brainliest</u></h2>
6 0
2 years ago
Read 2 more answers
Marketing researchers often use ________ by selecting a group of distributors
zmey [24]

This is the full question:

Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them questions, and treating their answers as typical of all those in whom they are interested.

Answer:

Sampling

Explanation:

Sampling is a method of statistical analysis where a small number of observations are used to make conclusions about the whole population. Sampling techniques include simple random sampling and systematic sampling.

So when a small group is selected as a representative of representative of the larger population, and responses from this sample is treated as feedback from the whole population it is called sampling.

Sampling is done to make quick conclusions on a large amount of data and saves resources that would have been spent getting responses from the whole population.

8 0
3 years ago
Read 2 more answers
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