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sineoko [7]
4 years ago
8

Strengths and weaknesses of the three basic types of economies

Business
1 answer:
scoray [572]4 years ago
6 0

These two statements include in your report as weaknesses of Directavia's economy.

  • The economy experiences persistent shortages and surpluses.
  • Many goods are available only through a black market.

Explanation:

Both choices are valid because goods banned by the government in the black market are distributed at a very high rate in the command economy.

This leads to widespread corruption. Also, the quality in the command economy is not good, since the output is produced by the publicly owned company.

Under mere command economy, there is no competition between companies. All decisions have been taken centrally.

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When consumers have more _____ to adjust demand becomes relatively more elastic?
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When they have more time
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4 years ago
__________ manages the movement of raw materials, parts, work in progress, finished goods and related information throughout the
expeople1 [14]
<span>Logistics is the set of means necessary for the organization of a company, especially in the distribution. It is focused on the supply chain, the planning of purchasing activities, production, transportation, and distribution. Its fundamental function is to place the products in the right place, under the desired conditions and standards, for the maximum satisfaction of the company.</span>
7 0
4 years ago
Which of the following are included in M2?
alexira [117]

Answer:

c. I , III, and IV

Explanation:

M1 and M2 are amongst the ways of measuring money supply of an economy.

M1 basically includes physical currency and coins, demand deposits, traveler's checks, and other checkable deposits.

M2 is regarded as a broader classification than M1 since it includes assets that are highly liquid but are not cash.

M2 includes M1 plus savings deposits, money market deposits, certificate of deposits less than $100,000 and money market mutual fund balances which can be readily redeemed.

Unlike the types of financial assets defined as money that are included in money supply, credit card transactions create loans that the borrower must pay later and hence are excluded from M2.

Hence M2 will include $5,000 certificate of deposits, $ 1000 in traveler's checks and $ 500 in piggy bank i.e option (c)

5 0
3 years ago
Navi-devices Inc., a manufacturer of portable navigation devices, provides free traffic updates and identifies the nearest parki
MrRissso [65]

Answer:

Navi-devices Inc.

The most likely impact of this strategy is:

d. It will provide the company with a competitive advantage.

Explanation:

The strategy of "providing free traffic updates and identifying the nearest parking spaces for its subscribers" will greatly benefit the company's customers.  These free services lower the cost for customers and provide an advantage for the company to reach out to more loyal subscribers for its portable navigation devices.  However, competitive advantages are not everlasting.  They can easily be copied by competitors.  This will level the advantage to zero.  This implies that Navi-devices must innovate to remain competitive.

8 0
3 years ago
Trey Tires is going to merge with Big Spokes, and the merger will result in layoffs. As a result, the workers are not happy. The
zaharov [31]

Answer:

The correct answer is: soldiering.

Explanation:

American economist Frederick Winslow Taylor (1856-1915) in his book "<em>The principles of Scientific Management</em>" (1911) described the term soldiering to refer as the act by which individuals decrease the efficiency of their duties at work in purpose because of different adverse situations arose such as few wages incentives or the belief that by increasing productivity the less productive workers could be affected through lay-offs.

8 0
3 years ago
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