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hammer [34]
4 years ago
13

What role do individuals play in a capitalist system?

Business
2 answers:
Alekssandra [29.7K]4 years ago
8 0
Basically it's a free market economy, where we (the individuals) set the price of goods all based on supply and demand.
irakobra [83]4 years ago
3 0

Answer/Explanation:

The individuals take b solute control of the system.

Capitalism is an economic system found widely throughout the modern world, in which the economy is defined by private interests. This means that the government does not control the economy, but instead permits a free market that is defined by the infinite daily interactions of rational economic agents.

Cheers

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Effective managers understand the importance of clear communication using different channels to advance the _________ strategy.
algol13

Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

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<h3>What is a communication strategy?</h3>

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Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.

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Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

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4 0
2 years ago
9. Search costs are
kirill [66]

Answer:

The answer is the second one

Explanation:

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6 0
3 years ago
Daniel Franco, a free-lance gaming consultant and blogger, needed a new gaming system for his business. After some lengthy revie
Law Incorporation [45]

Answer:

Explanation:

Issue: Will the court rule in support of Daniel’s argument that Nintendo breached the warranty based on reasonable expectation on the performance of an expensive system and statements made while selling the gaming system?

Rule:  There is a creation of express warranty when a seller makes a description of the statement quality, condition or performance of goods sold. This warranty is created by the statement of facts and if the seller uses words to designate the value of the supposed goods, it will only be considered as an opinion that does not create any express warranty.

The customer’s reasonable expectation of the existence of the gaming system based on the price leads to implied warranty. The goods sold should be logically fit for the general purpose for which it is sold. It should be of proper quality to satisfy the implied warranty of merchantability and the goods should fit the particular purpose for which the buyer will use the goods to satisfy the implied warranty of fitness for a particular purpose.

Analysis: Here, the argument of Daniel that Nintendo’s description of the gaming system as “most reliable”, and “durable” asserted that the quality and performance of the gaming system will not stay because these words create general statements that are made as part of sale or seller’s opinion about the goods. These words would be considered as puffery and do not create any express warranty. The higher price of the gaming system would create an implied warranty about the performance of the system, but the switch failed only after the warranty period. When the seller has expressly stated the warranty period as one year, any defects that occur after the warranty period will not breach the implied warranty.

Moreover, the gaming system was reasonably fit for Daniel’s business purpose and worked well during the warranty period. Hence Daniel’s arguments will not stay in front of the court.

Conclusion: The court will not rule in favor of Daniel and Daniel will not be able to recover against Nintendo because no breach of warranty had occurred.

8 0
4 years ago
What's a good way of understanding capital budgeting in finance
GarryVolchara [31]
Capital budgeting is a step by step process that businesses use to determine the merits of an investment project. The decision of whether to accept or deny an investment project as a part of a company´s growth initiatives, involves determining the investment rate of return that such a project will generate.
3 0
3 years ago
List the questions that can be used to analyze if an action is ethical
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“KID WHY U DO THAT?”, “Are you gay or something?” And “Did u just cus me out?” just to name a few
6 0
3 years ago
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