A private company is a for-profit organization that does not belong to the state but a particular group or individual.
The term private company refers to a for-profit organization that is controlled by a group of people or an individual and does not belong to the State.
Private companies are also characterized by:
- It develops an economic activity such as the production, distribution, or sale of some good or service to obtain profits (for profit).
- It can be sold to the State, but it would cease to be a private company.
- It can be privatized after being a public company.
- It can compete with the public company.
- You must pay taxes to the government and guarantee for your workers all the benefits established by law.
The private sector refers to the set of private companies in a country, they can be foreign or national companies.
Note: The question is incomplete. Here's the full question:
Define 'private sector'.
UDig is a large mining company based in country B. UDig is in the private sector. It supplies businesses in country B with 30% of the coal they need and the rest is imported.
UDig now has eight mines but plans to close two of them. This will threaten 1800 employees with redundancy. The Managing Director said: ‘I blame the appreciation of country B’s exchange rate and new legal controls, including those to protect the environment. The Government should help private sector businesses. '
Learn more in: brainly.com/question/24927689
Answer:
inputs, outputs, transformation processes, and feedback.
Explanation:
The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service
So as per the given situation the above should be the answer
Answer:
Inbound logistics ➞ Operations ➞ Outbound logistics
Explanation:
Multiple Choices are
Inbound logistics ➞ Operations ➞ Service
Inbound logistics ➞ Operations ➞ Marketing and Sales
Inbound logistics ➞ Outbound logistics ➞ Marketing and Sales
Inbound logistics ➞ Operations ➞ Outbound logistics
A value chain is an order of activities that a business perform to deliver a valuable good or service to the market. The correct order for the Value chain process is go through Inbound logistics to Operations to Outbound logistics to Marketing and Sales to Service.
So, the correct order according to value chain is Inbound logistics ➞ Operations ➞ Outbound logistics
<u>Index of industrial production</u> is considered to be a coincident economic indicator
An economic indicator is a piece of data that analysts use to analyze existing or potential investment opportunities. These data are often of a macroeconomic scale. The general health of an economy can also be determined using these measures.
Economic indicators can be anything an investor wants them to be, but certain information made public by the government and nonprofits has gained widespread attention. Indicators of the economy can be categorized or grouped. The majority of these economic indicators have a predetermined publication schedule. The industrial production index is regarded as a cogent economic indicator.
To know more about economic indicator
brainly.com/question/15528609
#SPJ4
