Answer:
Businesses that produce good products are rewarded with profits
Explanation:
In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.
No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.
Answer:
sole proprietorship
Explanation:
sole proprietorship is a type of business which is owned and managed by one person and there is no legal difference between owner and business entity itself.
Since in this case business is under the name of Jim, it is sole proprietorship under the law
<span>What is the key difference between target plan bonus and predetermined allocation bonus? Predetermined allocation bonuses are fixed; target plan bonuses are not.
Predetermined allocation bonus are a fixed rate and they are based on a total from the bonus pool of a company. The target plan bonus can increase or decrease with performance.
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Answer:
true is the answer according to me