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
gladu [14]
3 years ago
8

How is the principle of open opportunity different from guaranteeing success to everyone in the marketplace?

Business
1 answer:
sesenic [268]3 years ago
7 0
The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.

Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
You might be interested in
A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
liraira [26]

Answer:

Explanation:

Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.

Based on the information given, this will then be:

1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x

1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x

1310x - 20x = 32377.3 - 4075.5 + 32000

1290x = 60301.8

x = 60301.8/1290

x = 46.75

Therefore, the answer is 46.75 days.

6 0
3 years ago
The simplest and most effective way to lay out your business structure is to include
BigorU [14]
The answer is to lay out or include your business plan, it is because including your business plan is a means of showing your step by step or a way of showing a process towards the goals and the structure you want for your business in means of carrying out and attaining the things you want in your business.
4 0
3 years ago
Beginning inventory, purchases, and sales for Item Widget are as follows: Mar. 1 Inventory 200 units at $8 9 Sale 175 units 13 P
Rzqust [24]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Mar. 1 Inventory 200 units at $8

Mar. 9 Sale 175 units

Mar. 13 Purchase 160 units at $9

Mar. 25 Sale 150 units

Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method

Cost of goods sold= 25 units*$8 + 125units*9= $1325

Ending inventory= 35units* 9= $315

5 0
3 years ago
If you like working with others and persuading them to see your point of view you have a ? personality
Harrizon [31]

Answer:

Persuasive Personality

Explanation:

6 0
3 years ago
​________ play an important role in matching supply and demand by providing consumers with a broad assortment of products in sma
konstantin123 [22]

Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.

The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.

By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

Learn more about intermediaries here : brainly.com/question/25736500

5 0
2 years ago
Other questions:
  • In many instances the most appropriate way for a firm to cope with an event that leads to negative public relations is to:______
    5·1 answer
  • Energy Resources Ltd. does business in 50 countries around the world. The company stresses to all employees the importance of un
    5·2 answers
  • When obtaining a mortgage, in order to not be taken, paying a much higher rate than neccessary, which can easily cost well over
    13·1 answer
  • On November 1, 2019, Gerakos Corporation sold software and a six-month technical support contract to a customer for $80,000. Ger
    15·1 answer
  • This clause found in a mortgage ensures that the borrower will maintain clear title on the property in the event the bank is for
    15·1 answer
  • _______ is the only state to have adopted a single-payer health plan.
    13·2 answers
  • g on january 1 playa company acquires 90 percent ownership in seaside corporation for 180,000 the fair value of noncontrolling i
    9·1 answer
  • Kathy Bates has just moved into a condominium complex of 60 units. The complex has a swimming pool, and a management company tak
    15·1 answer
  • Azzura is comparing different cars and believes that the sedan has a better mix of benefits in relation to price than the sports
    15·1 answer
  • The activities needed to operate a business can be divided into a number of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!