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pickupchik [31]
3 years ago
5

An economy that is based on mining or producing raw materials to be used in foreign industries is called

Business
2 answers:
pogonyaev3 years ago
8 0

Answer:

An extractive economy

Explanation:

An Extractive economy can be defined as a resource based economy that is based on mining or producing raw materials to be used in foreign industries. This natural resources can be exported for sale in other foreign countries which help to boost economy, growth and development.

nataly862011 [7]3 years ago
7 0

Answer:

An extractive economy

Explanation:

A country that largely relies on the natural resources or the resources that it produces with little or no processing is often referred to as an extractive economy. All of the countries were mostly extractive economy before the first industry revolution. After some every country realized that the finished goods have greater profits than the raw materials with little or no processing. So we see countries like oil exporters investing in other industries because of bulk of cash reserves.

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Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health
Yakvenalex [24]

Answer:

The action of ACME global represent the influence of  Government  in the external environment of an organisation

Explanation:

The external environment of an organisation represents the factors outside the environment that is capable  of influencing  the decision of the organisation.  It consists of the outside factors that influences the organisation.  e.g social cultural, political, economic, technological  factors among others.

One of these factors is the Political/ Legal factor:

The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.

In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.

Therefore we can say that  the action of ACME global represent the influence of  Government  in the external environment of an organisation

5 0
3 years ago
On August 1, Gilgen Brothers bought goods with a list price of $19,200, terms 2/10, n/30. The firm records purchases at invoice
N76 [4]

Answer:

Accounts payable Dr,    $16,800

Purchase discount Dr,    $336

             To Cash                    $16,464

Explanation:

The Journal entry is shown below:-

Accounts payable Dr,    $16,800

Purchase discount Dr,    $336

             To Cash                    $16,464

(Being Cash is recorded)

Working Note :-

List price of goods after return = $19,200 - 2400

= $16,800

Discount on balance = 16800 × 0.02

= $336

For recording the cash we simply debited accounts payable, purchase discount and credited the cash

5 0
4 years ago
Let F denote the event that the respondent is female and A denote the event that the
sergeinik [125]

Answer:

Explanation:

F denote the event that the respondent is female and A denote the event that the  respondent uses social media and other websites to voice opinions about television programs.

Two events are said to be independent if both events can occur together at the same time, that is the probability of one event occurring does not affect the probability of the other event occurring. Events F and A are independent event because both F and A can occur the same time simultaneously. And also if F occurs, it does not affect the occurrence of A.

4 0
4 years ago
Emily got a new job that guarantees her a 6% raise every year. If she started out making $25,000, how long will it be before she
aleksley [76]

Answer:

17 Years

Explanation:

Multiply $25,000 and .06 (6%) your answer should be $1,500. $1,500 goes into $25,000 16.66666~ times. Round it to 17. There's your answer.

3 0
3 years ago
Read 2 more answers
Most organizations are structured along functional lines or areas. Write a 1-2 page paper to communicate these functional aspect
Rufina [12.5K]

Answer:

m

Explanation:

4 0
3 years ago
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