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denis23 [38]
3 years ago
10

For most business enterprises a market is:

Business
2 answers:
neonofarm [45]3 years ago
4 0

Answer:

The correct answer is letter "B": All the above.

Explanation:

Markets are the places where buyers and sellers meet to exchange goods for currencies. For enterprises, the definition tends to be more complex. <em>Companies must take into account the geographical area where their goods are offere</em>d.

Under economic theory, <em>markets are an abstract concept since they are born after ideas concluded from researching economic phenomena and also a sociological concept since the ideas concluded typically come from a sort of meeting or convention that has enough authority to rule the market definition.</em>

EastWind [94]3 years ago
3 0

Answer: The correct answer is "b. All the above".

Explanation: All of these statements represents the concept of market for most business enterprises.

You could say that a market is a territory in which customers with competing and competing interests coexist. It is also an abstract concept and of a sociological nature conformed by conventions and institutions.

A more appropriate definition would be: the market is a theoretical place where the supply and demand of products and services is found and prices are determined.

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Explanation:

Grameen bank is one of the pioneers in the world of Micro Finance Institutes, which not only provides the poor with access to financial capital but also helps them build a better business which allows them to escape from the poverty cycle. This lead to an overall upward economic movement in the society, improving the economic condition of a country as a whole. Through these micro finance loans, a number of SMEs (Small and Medium Enterprises) emerges which further provide employment opportunities to other people thus starting a virtuous cycle of economic growth.

As the economic condition of the poor becomes better, these poor people inturn becomes customer for these business for other products thus being a huge source of profit.

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3 years ago
Exsplain gross premium
Neporo4naja [7]

The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest

3 0
3 years ago
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Randolph is a 30 percent partner in the RD Partnership. On January 1, RD distributes $15,000 cash and inventory with a fair valu
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Answer:

$2,000 capital loss

Explanation:

Randolph recognizes a $2,000 capital loss because RD distributes only cash and inventory and the adjusted bases of the property distributed is less than his basis in RD.

7 0
3 years ago
A $2,000 cash dividend is planned in 2019. No dividend was paid in 2018. 1,000 shares of 5% cumulative $10 par value preferred s
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Explanation:

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Total dividend payable = $2000

so for common stock whatever is left over is paid thus,

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Hope that helps.

4 0
3 years ago
What is a distribution channel?
Ilya [14]

Answer:

Medium of communication

Explanation:

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