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schepotkina [342]
3 years ago
15

When private ownership rights are well-defined and enforced, owners of physical assets and resources

Business
1 answer:
sukhopar [10]3 years ago
8 0

Answer:

b. incur the opportunity cost of ignoring the wishes of others.

Explanation:

Opportunity cost in economics is seen as the forgone cost of doing something.

So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.

The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.

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3 years ago
When money serves as a store of value, it _____ purchasing power.
nata0808 [166]

Answer:

saves

Explanation:

3 0
3 years ago
What is the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsiv
LenaWriter [7]

Answer:

Disintermediation

Explanation:

-Disintermediation is when the intermediaries between the producers and consumers are eliminated from the supply chain and the organization has a direct relationship with the customer.

-Intermediaries are people that act as mediators between two or more parties in the supply chain.

-Cybermediation is when a company offers mediation services over the internet.

According to this, the answer is that the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online is disintermediation as the mediators are eliminated and the company has a direct contact with its customers.

5 0
3 years ago
In business, a specific commitment to achieve a measurable result within a stated period of time is called a ______.
Romashka [77]

In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.

What is business?

The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.

Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.

As a result, the business are the  to achieve a measurable result within a stated period of time is called a goal.

Learn more about on business, here:

brainly.com/question/15826604

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4 0
1 year ago
Which of the following resources must a business combine in order to be successfully organized? a. Materials, financial, informa
Tanzania [10]

Answer:

b. Materials, human, financial, and informational

Explanation:

There are four resources required to successfully organize the business.

Material: As for running the business, material as kind of inventory and material including all the assets that is tangible, is required including building, plant and machinery etc:

Human: Human is an essential requirement for business, as human will direct other humans, to work on machinery or other equipment in return of wages.

Financial: Without money there is no survival, as for business or non business. In context of business money provides funds to buy assets and money is paid and received during normal transactions of business.

Informational: Information is the key for understanding various aspects of business, as with information only the managers can take decision related to all other resources in the business.

Therefore, correct option is:

b. Materials, human, financial, and informational

3 0
3 years ago
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