Answer:
command economy and capitalism
Explanation:
A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba
Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.
Answer:
In all, there are six distinct stages: Planning, Presence, Engagement, Formalized, Strategic, and Converged. With Planning, companies set out to create a strong foundation for strategy development, organizational alignment, resource development, and execution.
Answer:
Fixed capital is defined as the part of the total capital of the enterprise which is invested in long-term assets. Working Capital refers to the capital, which is used to perform day to day business operations. On the other hand, Working capital comprises of short-term assets and liabilities of the business.
Explanation:
<span>To increase your profit, you should increase the amount of capital your are using.<span> This way it will be a chain-reaction of decisions, where you will be able to hire more people to do your labor and help you produce more goods for your company. Though the increase rate in capital will continue, the gains will increase and the business will eventually experience an equilibrium at some point. This depends if the products have been sold successfully to the market.
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