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
Nastasia [14]
3 years ago
13

All industrialized countries have become "service economies." Which factor helps explain this shift? Group of answer choices Inf

ormation age and labor saving innovation in manufacturing. Trade unionism and failure of the manufacturing sector to grow. Non availability of industrial labor with required skills. Absence of competition in the service sector.
Business
1 answer:
Oxana [17]3 years ago
8 0

Answer:

Information Age and labor saving innovation in manufacturing.

Explanation:

The Service economy can be defined as the economy which centers at giving the service than producing goods. A country that provides a service economy is able to earn more from the service sector than other sectors such as manufacturers.

The investment in the service economy is cheaper than other sectors and is comprised of <u>freelancers and entrepreneurs such as doctors, lawyers, professors, etc.</u>

<u>The factor that has led to this shift in countries to a service economy is because of the increase in demand for services in education and Information Technology. And also because of the labor-saving innovations</u>.

Thus the correct answer is the first option.

You might be interested in
How has technology fragmented the audience for sports and entertainment commodities?
Rufina [12.5K]

Answer:

Actually, technology has allowed marketing in sports to become much more specialized and reach a much more targeted segment. For example, tv stations showing many kinds of  sports at one time and social media followings for specific sports.  Fragmented audience is a crucial challenge because if something is done that the audience perhaps doesn't like then there are no other segments to rely on for support. It is an opportunity because it allows the marketers to gear their strategies to a small audience and develop better PR and customer loyalty.

6 0
3 years ago
Read 2 more answers
________ is a broad comparative concept that refers to how an organization's monetary compensation incentives compare, in genera
solmaris [256]

Answer:

Bench-marking

Explanation:

Bench-marking is the process of comparing an organization's procedures and performances against the best practices in the industry.  A firm will compare its key indicators against those of similar companies.  Some of the indexes that firms compare are the quality of products, production costs, strategies, and employee salaries.  

A benchmark acts as a reference point or a base for standards.  An organization uses benchmarks to identify areas it needs improvements . The benchmarks report will point out if a company is overpaying or underpaying its employees.

6 0
4 years ago
Insurance Plan Summary
erastova [34]

Answer:

idll th ;ea

Explanation:

6 0
3 years ago
What is meaning of<br>Inflation ​
Nataly_w [17]
It’s usually when you get bloated and stomach gets a littler bigger
7 0
3 years ago
Considerations that affect the selection of an inventory costing method do not include:
BARSIC [14]

Answer:

Perpetual versus periodic inventory system:

Explanation:

Perpetual versus periodic inventory system:

Management of any corporation are liable to select any method for inventory costing like,FIFO, LIFO etc and inventory system. These two method is different from each other, effect of one don't impact other.

But proper care have been taken by management by deciding the costing method as it affect the amount included as inventory like cost of sold product and other taxable items.

8 0
3 years ago
Other questions:
  • An analysis of a proposal by the net present value method indicated that the present value of future cash inflows exceeded the a
    14·1 answer
  • The _____ usually begins with a formal request to the it department, called a systems request, which describes problems or desir
    11·1 answer
  • The decision making process followed by consumers to maximize utility assumes that
    12·1 answer
  • The specific meaning of goodwill in accounting is: Multiple Choice The amount by which a company's value exceeds the value of it
    7·1 answer
  • What will happen to a society that does not have a productive workforce.
    8·1 answer
  • Divine Apparel has 4,000 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to st
    8·1 answer
  • According to Friedman's argument, _________. a. individual proprietors probably can't create a monopoly, so they must have socia
    6·1 answer
  • Grocery stores located in tourist hot spots can charge more gor items because of their?
    8·1 answer
  • Mary O. Andrettey wants to purchase an expensive sports car. She needs to borrow money to purchase the car, and has loan proposa
    13·1 answer
  • 15) You are
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!