The social rules and guidelines that prescribe appropriate behavior in a particular situation are called norms. These social norms govern behavior in groups and society in general. Arrow 1971, Akerlof 1976 said: norms are efficient means to achieve social welfare, Coleman 1989 said prevent market failures.
The system of values and norms that are shared among a group of people and that when taken together constistute a design for living is referred to as culture.
Answer:
The goal of the Virginia Company was clear enough: establish a permanent colony in America that would make a profit for the Company. ... The London Company would establish Jamestown in Virginia, England's first permanent settlement in the New World.
Explanation:
So D. <3 hoped this helped.
Answer:
Alferd Binet
Explanation:
he invented the first practical IQ test,the Binet- Simon test.
The end of land-ownership restrictions led to development of large plantations needing more laborers.
The term for the entity or person that is granted a license to operate and sell goods in a foreign state by a franchise agreement is a: franchisee.
A franchise (or franchising) is a technique of distributing products or services involving a franchisor, who establishes the emblem's trademark or trade name and an enterprise gadget, and a franchisee, who can pay a royalty and regularly an initial price for the right to do business beneath the franchisor's call and machine.
While a franchisor is a longtime entrepreneur with a licensed commercial enterprise version, a franchisee is a person or organization that owns and operates the commercial enterprise through the use of the commercial enterprise model certified via the franchisor. Franchising describes the enterprise dating between the franchisor and franchisee.
In franchising, a franchise proprietor partners with a corporate brand to open a commercial enterprise under the brand's umbrella. The franchisee owns and operates that region the use of the franchisor's brand name, logo, products, services, and other belongings.
Learn more about franchising here:
brainly.com/question/3687222
#SPJ4