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Inessa05 [86]
3 years ago
5

Which of the following best describes the concept of laissez-faire?

Business
1 answer:
Nat2105 [25]3 years ago
8 0

Answer:

a.  Government should not intervene in the economy.

Explanation:

The concept of laissez-faire arose during the economic liberalism movement and promotes that the government should not intervene in the economy. According to laissez-faire, the main economic role of the government was to regulate and protect rights to private property.

Therefore, the answer is a.  Government should not intervene in the economy.

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Answer:

The answer is =16.7%

Explanation:

Earnings before interest and taxes(EBIT) = $145,000

Tax rate is 25%

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So the Net income is 0.75 x $145,000

Net income = $108,750

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ROE(Return on Equity) = net income/equity

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=16.7%

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A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales
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The manager does not understand the contingency view.

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The manager who focuses only on one part of the business then will not understand the contingency view. Here, the contingency view refers to the behavior of the manager to lead every situation or problem in the company. Therefore, to make a decision it is required to focus on all parts of the organization. Since in the question it is given that the manager focus only on one part of the company that means he will be unable to understand every situation of the company.

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Agent Pam receives an offer on one of her listings for less than the asking price. The home has been listed for several months;
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