Answer:
right to private property and inheritance
Explanation:
The capitalistic system states that individuals are allowed to own their and enjoy their own personal property. In each country laws generally subordinate the right to private property to the well being of society.
The right to inheritance refers to the right that an individual has to decide who will own his/her properties after they pass away. Unless stated otherwise, a person's offsprings are generally entitled to inherit the person's properties.
In this case, Chet is entitled to own his landscaping business (private property) and when he passes away his son, Josh, will inherit it.
Answer:
b) Considered to be a direct variable cost
Explanation:
Direct costs are expenditures that can be traced to a specific product, project, or service. It is a cost component that arises due to the production of a particular good or service as opposed to a general expense. Direct costs contrast indirect cost that covers a variety of items, such as administration.
Variable costs are the expenses that change with production volume. An increase in production leads to an increase in variable costs. Variable costs, therefore, have a direct relationship with the output level.
Belts, in this case, are a direct variable cost because
- The belt expense is traceable directly to the production of cars. It is a cost incurred only when a car is being produced.
- The cost varies with the number of cars produced. The expenses will change with changes in the production of cars.
<span>Every Business is managed through many different business functions each are responsible for different areas of the business.
Marketing is responsible for sales, collecting customer demand, and to know what the needs of each customer is. Operation Managers job is looking over the production of the goods and/or services. It is the operation managers job to make sure that the company is running smooth and effective.By managing every day activities, analyzing statistics and understanding and transcribing reports, operations managers play a dynamic part in every company.</span>
Answer:
The answer would be, Democratic or Participative Style of leadership.
Explanation:
Democratic or Participative Style of Leadership is the leadership which emphasis on the participation from the team members in the decision making process. New ideas, new suggestions are encouraged in this style of leadership.
So in this scenario, when the manager is asked to find out new directions for an old product, the wants to hire people with fresh minds and new ideas who have recently graduated from the colleges. So the manager is practicing the Democratic/ Participative style of leadership.
Answer:
Bank Overdraf
Explanation:
Overdrafts are where the bank account becomes negative and the businesses in effect have borrowed from the bank.