Answer:
The correct answer is the option B: expatriate assignment.
Explanation:
To begin with, the term of <em>expatriate</em> refers to the person who is currently living abroad in a certain amount of time and primarily for work reasons. This professional worker takes a position outside her home country and that could be done as part of a work assignment scheduled by the employer of the individual. Moreover, expatriate assigment individuals also earn more money than the regular workers at home and furthermore the company generally helps the expatriate in relocation assistance and housing allowance.
Secondly, the case of Marika is a general example of expatriate assigment due to the fact that her company may have ordered her to leave for a period of time to other countries in order to find news and investigate about certain topics and in order to do that the company will pay her so she can do her job properly and then go back home and share her information with her colleagues.
Answer:
Scarce resources.
Explanation:
A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its scarce resources and how we must make rational decisions in order to move toward a higher standard of living for all. Some of these scarce resources include money, time, land, labor, capital and entrepreneurship. If these resources are not well managed, it usually results in an economic downturn, recession and inflation which are typically a negative factor for good standards of living for the people living in the particular country.
Hence, a proper allocation of scarce resources would improve the standards of living in a country.
Answer:
d. cost-less will go out of business, and durable will gain higher power over its customers.
Explanation:
Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.
Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.
Answer: Option E
Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.
The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.
Hence we can conclude that the right option is E.
