1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
monitta
3 years ago
7

The problem of a double coincidence of wants refers to A. poorlyminusmanaged companies producing what consumers want only by coi

ncidence. B. the likelihood that needs will not be the same as wants. C. the insatiability of wants in a free market economy. D. the necessity in a barter system of each trading partner wanting what the other has to trade.
Business
1 answer:
bija089 [108]3 years ago
7 0

Answer:

D. the necessity in a barter system of each trading partner wanting what the other has to trade.

Explanation:

Double confidence of wants was one of the shortcomings of the barter system.

For example, if someone wants corn and has yam. He has to find someone that wants yam and has corn to trade in order for a trade to occur.

The introduction of money solved this problem.

I hope my answer helps you

You might be interested in
Which situation shows OSHA's three-pronged approach to improving safety?
ra1l [238]
D is the correct answer according to AREA Alabama Electric Co-ops
3 0
3 years ago
Read 2 more answers
I username is BIuebunny165
Nostrana [21]

Answer:

ok

Explanation:

3 0
2 years ago
Read 2 more answers
Managers today need to look past traditional viewpoints in determining the success of their company's strategy. One such approac
bogdanovich [222]

Answer:

The Balanced Scorecard

Customer satisfaction:

Perspective: Customer: This perspective concentrates on things like customer service.

Goal:  Service: This would be the level of customer service.

Measure:  How do our customers see us? Survey: This would be the results of an online customer satisfaction survey.

Internal processes:

Perspective: Internal business: This perspective focuses on the things that a company has to do internally to meet and exceed customer expectations.

Goal: Productivity: This would concentrate on changes to the process involved in production.

Measure: How do we look to our shareholders?  Analysis: This would use data from the ERP system to look into success levels of company processes.

Innovation and improvement activities:

Perspective: Innovation and Learning: This perspective is concerned with making sure employees learn and grow so they can continually innovate.

Goal: Training: This would focus on providing enhanced training opportunities for employees.

Measure: What do we need to excel at? Results: This would look at changes in the skill level of employees.

Financial measures:

Perspective: Financial: This perspective has to do with the conversion of performance into financial performance and the creation of value.

Goal: Growth: This would concentrate on an increase in sales.

Measure: Can we continue to improve and create value?  Sales: This would be the annual sales figures.

Explanation:

The balanced scorecard which Bryan is developing for KanO Mines helps KanO Mines to understand how to create value in the organization.  With the balanced scorecard as a strategic planning and management tool, organizational goals are communicated to KanO Mines, so that his daily activities are aligned with the organizational strategy.  It also helps him to prioritize his projects, products, and services.  The balanced scorecard does not only deal with perspectives and goals, it also helps KanO Mines and his manager, Bryan, to measure and monitor his progress towards achieving the set organizational strategic goals.

4 0
3 years ago
Feedback given by the job is more effective than formal appraisals from their boss
Ierofanga [76]
The answer to your question is; B. False
5 0
3 years ago
Read 2 more answers
According to the law of supply, price and quantity move
gayaneshka [121]

Answer:

along a track in the same direction.

Explanation:

According to the law of supply, the price of the goods increases with an increase in the quantity of the goods supplied. Similarly, the price of the goods decreases with a decrease in the quantity of the goods supplied. This means that the price and quantity are directly proportional to each other. The price and quantity will move along a track in the same direction respectively.

6 0
2 years ago
Other questions:
  • Courier Logistics Corp. will issue $2,400,000 in 8-year bonds that pay 5% annually. The market rate for bonds of similar riskine
    7·1 answer
  • Cash Now Industries just hired 500 new workers to build ATMs and self-service check-out systems at its manufacturing plant in Te
    8·1 answer
  • Reporting an Income Statement, Reporting a Statement of Retained Earnings, Reporting a Balance Sheet and Recording Closing Journ
    6·1 answer
  • The most productive way to find a job lead is to
    15·2 answers
  • What type of fiscal policy calls for a decrease in government spending and an increase in taxes?
    14·1 answer
  • Jade International is a highly diversified global firm with headquarters in New Jersey. It manufactures a variety of products ra
    15·1 answer
  • The spot rate for the Argentine peso is $0.3600 per peso. Over the year, inflation in Argentina is 10 percent and U.S. inflation
    10·1 answer
  • The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 20,000 sh
    11·1 answer
  • An insurance company’s procedure for settling a claim under $10,000 for fire or water damage to a home owner is to require two e
    6·1 answer
  • question content areawhat is one of the potential disadvantages of not allocating support department costs to production departm
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!