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3 years ago

What is an economic and non economic activity explain me in short and give one example each

Business

2 answers:

lord [1]3 years ago

6 0

Explanation:

Economic activities:Agriculture, fishing, mining and forestry.

Non-economic:Cultural and religious,family commitment and free time activities.

An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service.

Non-economic activities refer to a human activity undertaken sheerly out of love, affection, sympathy or patriotism. ... It includes all those activities which are performed for the satisfaction of human sentiments that can be social, religious, cultural, personal, recreational, charity, patriotic.

Sonbull [250]3 years ago

4 0

Answer:Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.

Explanation:

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In the context of consumer behavior (CB), researchers derive meaning from talking to people and observing their behavior rather

Mariulka [41]

Answer:

The correct answer is (b)

Explanation:

Interpretive research is based on predicting and analysing consumer behaviour based on the socio-historic context. This is an old technique to use historic data to predict human behaviour which is not feasible to apply in today's world because people, their living styles everything has changed. Now, researchers try to predict a phenomenon and consumer behaviour by talking to them rather analysing in a socio-historic context.

5 0

3 years ago

To ________, a marketer would most likely ask target audience members whether they remember the message, how many times they saw

pentagon [3]

Answer:

The correct answer is the option B: collect feedback.

Explanation:

First of all, the term feedback refers to the amount of information that the marketer receives from the target audience in order to understand if the decisions made were good or if they were bad then understand in what they made a mistake and correct it.

Secondly, it is understandable that in order to do that the marketer needs to ask the target audience questions that might give important information such as the frecuency that they saw the message, also if they remember the message and what points of it they can remember.

6 0

3 years ago

The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would

almond37 [142]

Answer:

7.5%

Explanation:

Cost savings :

= Equipment cost - New machine cost

= 30,000 - 12,000

= 18,000

Depreciation per year :

= Cost of automated bottling machine ÷ Useful years

= 120,000 ÷ 10

= 12,000

Simple rate of return:

= (Cost savings - Depreciation of new equipment) ÷ (cost - salvage of old)

= (18,000 - 12,000) ÷ (120,000 - 40,000)

= 6,000 ÷ 80,000

= 0.075

= 7.5%

7 0

3 years ago

Ashley Inc.’s total value is $950 million. Its balance sheet shows $100 million of accounts payable, $100 million of notes payab

PIT_PIT [208]

Answer: $7.50

Explanation:

Given that,

Total value = $950 million

Accounts payable = $100 million

Notes payable = $100 million

Long-term debt = $200 million

common equity = $200 million

shares of common stock = 100 million

Value of equity = Value of firm - Value of preferred stock - Value of long term debt.

= $950 million - 0 - $200 million

= $750 million

$Value\ of\ stock = \frac{Value\ of\ equity}{Number\ of\ shares}$

$Value\ of\ stock = \frac{750}{100}$

= $7.50

5 0

3 years ago

The reporting of financial conditions at the corporation so that can be evaluated. b. Legal protections for shareholders so that

gogolik [260]

Answer:

a) Financial Statements

b) Limited Liability

Explanation:

a) The reporting of financial conditions at the corporation so that it can be evaluated, is the aim of preparing financial statements. Financial statements are periodic reports prepared monthly or annually to show the financial health of a company. They are made up of the statement of profit or loss, statement of financial position, cash flow statements and statement of changes in equity.

b) Legal protections for shareholders so that they are not taken advantage of is the purpose of limiting the liability of shareholders. Limited liability relates to a shareholder's financial liability being limited to a fixed amount not exceeding his investment in the company or partnership. Nevertheless every shareholders is liable for his own actions personally.

6 0

3 years ago

What is an economic and non economic activity explain me in short and give one example each​

What is an economic and non economic activity explain me in short and give one example each