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Igoryamba
3 years ago
13

The cincinnati history museum displays materials and related aspects of the history of cincinnati and the surrounding region. th

e _____ makes it difficult for the cincinnati museum center to prioritize its objectives and evaluate its performance.
Business
1 answer:
Darina [25.2K]3 years ago
3 0
Cincinnati museum center is a center home for Cincinnati history museum and the museum of natural history and science. its located in Cincinnati, Ohio united states. The museum was opened in 1990 at the Cincinnati museum center at the union terminal.  However,the lack of financial objective makes it difficult for the Cincinnati museum center to prioritize its objectives and  evaluate its performance.
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Alexus [3.1K]

This is an example of competition principle of value.

The required details about business principle of value is mentioned in below paragraph.

The term "business" designates an innovative person, group, or organization that engages in commercial activity. They might be business-related, industrial, or something else. Businesses that operate for profit do so in order to make a profit, while those that operate for good will do so.

Competition's guiding principle: According to the competition principle, excessive profits in any industry will result in excessive competition, which will then obliterate profits. Think about a business that debuts in a secure neighborhood.

What benefit does rivalry have?

The cornerstone of a robust American economy is healthy market competition. Fundamental economic theory shows that when businesses compete for customers, it results in cheaper prices, better goods and services, more variety, and more innovation.

Thus, competition is the correct answer.

To learn about principle of value visit here

brainly.com/question/28027148

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mylen [45]

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