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]
2 years ago
8

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

Business
1 answer:
sesenic [268]2 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
Which of the following is a disadvantage of being a private limited company?
inysia [295]
The most likely answer here is B
6 0
2 years ago
You are waiting at a bus stop and the woman next to you is crying. You wonder why is so and make deduction that she cries becaus
Vinil7 [7]

Answer:

deduction theory cause your assumption was based on your instincts and it may not actually be the reason why the woman was crying

6 0
2 years ago
7. Farmer sells flour to a baker for RM2. The baker uses the flour to make bread, which is sold for RM3. What is the total contr
erica [24]

Answer: RM3

Explanation:

Gross domestic product has to do with the monetary value of the goods that are produced in a particular economy. In this case, the total contribution will be RM3 since it's the final amount that the bread is sold.

It should be noted that RM2 in this case is the intermediate good and should therefore bit be included so that there won't be an overstatement of the GDP and to prevent double counting.

8 0
3 years ago
Greg, a landscaper, is planning on opening his own landscaping company. He currently earns $50,000 per year working for his uncl
schepotkina [342]

Answer: $52,840

Explanation:

The opportunity cost are the benefits he will give up to pursue his current venture of landscaping.

= Salary from working for uncle + Interest on the Savings to be used in business + Difference in market value if he waits till the end of the year

= 50,000 + (7% * 12,000) + (12,000 - 10,000)

= $52,840

7 0
2 years ago
alisa pursues the option to reallocate the bonus money which is currently only allocated to upper management. this will give emp
ad-work [718]

Alisa pursues the option to reallocate the bonus money which is currently only allocated to upper management.<u> Problem solving conflict </u>handling style does this exhibit.

<h3>Problem solving conflict style:</h3>

In problem- solving mode, the individualities or groups in conflict are asked to concentrate on the problem, not on each other, and to uncover the root cause of the problem. This approach recognizes the oddity of one side being fully right and the other being fully wrong.

<h3>What's the meaning of conflict style?</h3>

Conflict is frequently best understood by examining the consequences of colorful actions at moments in time. These actions are usefully distributed according to conflict styles. Each style is a way to meet one's requirements in a disagreement but may impact other people in different ways.

Learn more about conflict style:

brainly.com/question/29423622

#SPJ4

7 0
1 year ago
Other questions:
  • The text identifies three goals of strategic messages. During office meetings, Sara expresses her respect for her boss by listen
    14·1 answer
  • Identify which qualitative characteristic of accounting information is best described in each item below. (Do not use relevance
    7·1 answer
  • A leader who manages through activities, using his legitimate, reward and coercive powers to give commands and exchange rewards
    12·1 answer
  • Generally, State A may exercise "long arm" jurisdiction over a defendant located in State B if the defendant:________. a. once r
    8·1 answer
  • The primary role of a functional strategy is to unify the company's various operating-level strategies. specify how to build and
    8·1 answer
  • When the firm increases output and the costs rise disproportionately​ slower, then the longminusrun average cost curve is​ _____
    8·1 answer
  • 7 points Check my workCheck My Work button is now disabled1Item 3 A company with $795,000 in operating assets is considering the
    13·1 answer
  • A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised
    9·1 answer
  • Which view is represented below?
    7·2 answers
  • A CPA can accept a gift from a client as long as: Group of answer choices Adequate internal controls exist in the client entity
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!