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Aliun [14]
3 years ago
6

As discussed in the chapter "Why Poor Countries are poor" from Harford's book, The Undercover Economist, which of the following

is a good summary of Mancur Olson's theory of dictatorships in poor countries? A. Democracies are inherently more stable than dictatorships B. Stable dictatorships cause less economic harm than unstable dictatorships C. Stable dictators will do good things for their countries D. Dictatorship inevitably gives rise to anarchy
Business
1 answer:
atroni [7]3 years ago
6 0

Answer:

The correct answer is (B)

Explanation:

The correct answer is (B)

Because, According to Mancur Olson's theory of dictatorships in poor countries, stable dictatorships cause less economic harm than unstable dictatorship

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Describe the relationship between two manufacturers in a business ecosystem that are working together to develop a new product f
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There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

<h3>What is a Business Ecosystem?</h3>

A business ecosystem is a deliberate commercial arrangement involving two or more organizations to develop and share a common value for consumers.

Every business ecosystem contains participants, and at least one of them serves as the controller. There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

The primary advantage of adopting business ecosystems is to be better positioned, promote innovation, and maximize capital efficiency in order to produce customer value.

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3 0
2 years ago
Which of the following is/are a form of business organization that concentrates financial management and control out of a centra
Mazyrski [523]

Answer:

The Multinational strategy

Explanation:

The reason is that the strategy that includes the management of company that operates in a number of countries which includes its financial management and operational controls procedures in the other countries. The multinational organization always pursue multinational strategy because it faces greater number of risks and this strategy helps the country to manage the risks internationally. Lets take an example of a company that made investment in UK of $5 million which due to weakening of UK sterling is worth $4.5 million. Though the company made a great increase in profits but the risk of loss of the value investment is higher. So there are a lot of such types of risks that the company needs to manage. To manage risk of an multinational organization, the company uses Multinational strategy.

3 0
3 years ago
The Council of Economic Advisers was created in 1946 and consists of two members and a staff of several dozen economists.
koban [17]

This statement is false because the Council of Economic Advisers was created in 1946 and consists of three members and a staff of several dozen economists.

<h3>How was the Council of Economic Advisers created?</h3>

The Council of Economic Advisers was established by Congress in the Employment Act of 1946. The portion of the bill that authorizes the Council is presented below: "There is hereby created in the Executive Office of the President a Council of Economic Advisers (hereinafter called the "Council").

<h3>Who is the head of economic Advisory Council?</h3>

Chairman. Bibek Debroy is the current chairman of the current EAC, appointed in 2017.

Learn more about economic advisory council here:

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3 0
1 year ago
Calrissian Corporation holds an available-for-sale debt investment. The amortized cost is $40,000; the fair value is $30,000; an
Maru [420]

Answer:

Explanation:

The reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset lower than the book value of the asset then there is an impairment.

Amortized Cost / Book value = $40,000

Fair Value = $30,000

Debt investment is also impaired as its fair value is less than the amortized cost which is the book value.

Impairment Loss = $40,000 - $30,000

Impairment Loss = $10,000

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3 years ago
Tom, Kirk, and Steve are triplets. They all decide to borrow $1,000 today to go on vacation. They will repay their loans, plus a
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1 dollar or 1 million dollars
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