Free market economies allocate resources through demand and supply with minimal government intervention.
private ownership- all factors of production within the economy are owned mainly by private individuals and organizations.
Free enterprise- owners of factors of production and producers of a goods and services a free to produce what they want through the market forces of demand and supply.
Competition- <span>Companies have a competitive drive, thus better quality goods and more variety of products which are at lower prices. (more productively efficient )</span>
Answer:
The answer is D. Activity attributes
Explanation:
Activity attributes are descriptive components of an activity. Examples of these attributes include; activity name, description and responsible person.
The answer is True, An increase in revenues increases net income, and net income increases stockholders' equity
It works best for NEW PRODUCTS as its main goal is to make money and get as much profit as possible when the pricing is highest.
Found from: Conjointly.com
The company's reputation reflects the perceived quality of its goods and services.
A company's reputation will always show the perceived quality of its goods & services as well as prominence of the brand in the minds of the public.
- A brand reputation is one of the most important intangible asset of a company because its gives rise to the tangible asset which means higher sales and increased profits.
In conclusion, brand reputation was gained through customers trust & loyalty from the company's consistent service.
Read more about Brand Reputation here
<em>brainly.com/question/3492519</em>
