This consideration is related to the socio cultural environment:
a.) A new business decides to begin with the city its owners live in
since they are familiar with the local geography and tax issues.
Explanation:
The socio cultural environment one is familiar with influences them in many ways.
This also includes their choice of place for where they will start the business simply because they know that domain much more and it will be easier to be effective in there.
This is the reason that people are often told to be in their familiar turf.
The new business will be able to use its full contacts and have an insight on what works and what doesn't because they operate from their own area.
Answer:
Option C The income Effect
Explanation:
Student has inelastic demand for gasoline as the increase in the price of gas does not change the consumption of gas instead it decreases the consumption of pizza as the consumer has less relative income so spend less on the pizza and sped more on the gasoline.
Answer:
Change in the Net working capital is $124
Explanation:
Working Capital can be define as the net amount between the Current Asset and Current liability of a particular year
It is better written as Working capital = Current Asset - Current Liabilities.
At the beginning of the year, the working capital is = $327 - $231 = $96
At the end of the year, the working capital is = $491 - $271 = $220
Change in Net working capital = $96 - $220
Change in Net working capital = $124
Answer:
the answer is A. An investment bank is a non-depository institution; a commercial bank takes customer's deposits.
Explanation:
An investment bank is catering specially to the business and institutional requirements while a commercial bank tends to support the requirements of general public and private businesses.
