Small scale businesses become known to the world because the world becomes a global village.
Answer:
The correct answers are letters "B" and "C": The economy experiences persistent shortages and surpluses; Many goods are available only through a black market.
Explanation:
A Command Economy is one where the <em>government controls the economy</em>, acting as the central planner, dictating production quotas and distribution levels, and setting prices. A company weakness describes an <em>internal factor</em> of the organization that could represent a disadvantage for the growth of the firm.
<em>As the government regulates the supply and demand in command economies, it is likely to see shortages and surpluses in its market. This will cause those products to be traded illegally in what is known as the black market</em>.
Answer:
B. False
Explanation:
A self-administered survey is one where there is the collection of the necessary data for the survey is carried out through a questionnaire of questions to be answered by the interviewee. Questionnaires can be sent via mail, e-mail, personal interception, hand delivery etc.
The advantages of self-administered surveys are cost reduction, since questionnaires can be sent via email at no cost to both, greater control of the interviewee, since the questions can be developed according to the information you want to collect, greater quick feedback, which reduces the apprehension of the interview evaluation.
If the two nations trade, the trade price of wheat in terms of steel will be "greater than the domestic opportunity cost of wheat in alpha and less than the domestic opportunity cost of wheat in beta".
Opportunity cost speaks to the advantages an individual, financial specialist or business misses out while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on wise choices when they have different choices available to them.
