Answer:
The factories will increase economic growth because more jobs will be provided.
Explanation:
Given:
The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere.
To find: If economic growth increases or decrease.
Solution:
Economic growth will increase as more jobs will be provided which increases employment.
Anticipatory business model is the business type where everything is pre-defined and Response based business model is the one which have reduced the forecasting by joint planning.
<h3>What are types of business models?</h3>
There are various kinds of business model, which business performs these days, it also depends upon the range of customers the business is dealing with. Some of the hem are-
- Product to service model. ...
Thus, both the business model concentrate on different things.
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The next step is to decide about the resources to be committed.
Answer:
DECIDE
Explanation:
D - define the problem
E - establish the criteria
C - consider all alternatives
I - identify the best alternative
D - develop and implement a plan of action
E - evaluate and monitor the solution and give feedback when necessary
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Entrepreneurs do not use distributors to purchase resources and invest in the production of goods so this statement is FALSE.
<h3>How do Entrepreneurs purchase resources?</h3>
Entrepreneurs are able to invest in the production of the goods and services they provide by using their own funds and liability.
They do not use distributors but rather foot the bills as well as getting loans to be able to engage in the purchase of resources.
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