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Sloan [31]
3 years ago
15

Melina and carl want to start an event management company that would provide local artists with a platform to showcase their tal

ent and gain an audience. melina and carl are willing to invest their own resources in this project. in the context of factors of production, the given scenario exemplifies the concept of _____.
Business
1 answer:
Papessa [141]3 years ago
8 0

In the context of factors of production, the given scenario exemplifies the concept of<u> "entrepreneurship".</u>


Entrepreneurship is the way toward planning, propelling and maintaining another business, which is regularly at first a private company. The general population who make these organizations are called entrepreneurs.

Entrepreneurship has been depicted as the "limit and readiness to create, sort out and deal with a business wander alongside any of its dangers keeping in mind the end goal to make a profit". While meanings of business ordinarily center around the starting and running of organizations, because of the high dangers associated with propelling a start-up, a noteworthy extent of new companies need to close because of "absence of financing, awful business choices, a monetary emergency, absence of market request—or a mix of these.

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If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the area’s real estate values
love history [14]

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

 

6 0
3 years ago
career cluster consisting of six pathways: management; business financial management and accounting; human resources; business a
Nata [24]

The six career tracks that make up the business management and administration career cluster are general management, business information management, human resources management, operations management, accounting, and administrative support.

<h3>What is business management and Business administration?</h3>

Business administration, which is sometimes focused on certain industries, concentrations, or job titles within a corporation, is the study of business as it relates to operations and leadership. Students can prepare for a range of jobs within a company by earning a degree in business administration, which provides leadership and analytical skills essential to the current corporate world. Concentrations on a particular industry or job, such human resource management or healthcare, are available for some business administration degrees.

Business management is the process of setting up and overseeing a company's resources, such as its employees, finances, and information. The core function of business management is to oversee both small- and big-project teams.

To know more about business administration and management visit:

brainly.com/question/15249057

#SPJ4

5 0
2 years ago
A company invested​ $45,000 in Yale Co. stock. The investment represented​ 5% of the voting stock of Yale Co. If the Yale Co. st
hjlf

Answer:

the dividend revenue account is credited

Explanation:

As we know that the dividend is the company profit that is divisible and the same is to be issued to the shareholder with respective to the number of shares purchased

In the case when Yale Co. paid the dividend so here the dividend revenue account is credited in the case when the company received the dividend

Hence, the dividend revenue account is credited

3 0
3 years ago
Sheila receives a merit scholarship to cover part of her private college tuition. Her parents have a low income, poor credit, an
vfiekz [6]

Answer:

The correct answer would be D, Sheila's parents will qualify for a Plus loan because of their low income.

Explanation:

PLUS loan stands for Parents Loan for Undergraduate Students. It is the loan given to the parents of the students who are graduating with the college. It can be a post secondary loan. This loan is given to the students who cannot afford to meet the expenses of their studies as well as of other activities like books, notes, handouts etc. This loan is given to the parents of the students who have low incomes and can't afford to finance their child's education.

8 0
3 years ago
Late one night, while studying for your anatomy class, you open a box of saltine crackers to do a little snacking. after chewing
OLga [1]
<span>Salivary amylase in your saliva breaks down the starchy morsel as you chew. The starch breaks down into maltose that accounts for the sweet taste in your mouth.</span>
6 0
4 years ago
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