The three basic questions asked are:
1. What goods and services should be produced?
This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.
2. How should we produce them?
This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.
3. Who are the consumers?
This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.
Hope this helped!
~Just a girl in love with Shawn Mendes
I'm going with false. Let me know.
Answer:
b. external
Explanation:
When an economical event affects something in an indirect way, it is called an <em>external change</em>. It is expected for the economic recession to affect economic factors of course. However, it is imminent that it affects every-day life among people too. Economic factors directly influence life and habits of the U.S. consumer, as it is common for most economic changes.
Answer:
The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Answer:
(C). Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.
Explanation:
In putting together an international team of people from different cultures, <u>it is important to note that the various national cultures with which they have been interacting for some time will have shaped how they communicate</u> and view situations.
<em>Some cultures value group work, togetherness and sharing ideas over other cultures which prefer individualism.</em>
Therefore as the group leader or manager, it is important to recognize the cultural characteristics of each group member, and encourage them to socialize and share useful information with the group.
