Free enterprise means people can run their business in the way they see fit.
In a free enterprise system, the products and services offered and the prices they are sold at are totally controlled by competition, supply and demand in the market and not controlled by government regulations.
They would be rebuffed and considered responsible. It lays out measures of moral conduct and expert lead workers are required to keep up interior and amid connections with customers and accomplices. An infringement of the code implies you have acted in a way that conflicts with the code. Doing as such prompts outcomes, as laid out in the archive.
We will examine the annual growth rate of the following question.
Formula for calculating the annual growth rate is Growth Percentage Over One year =[ (F÷S) ¹/y - 1] ₓ 100
where F= final value
S= start value
y= Number of years.
(1,350000÷150) y= 2010-1895=115
∴ [(1,350,000÷150) ¹/₁₁₅ - 1] × 100
= (9000¹/₁₁₅ - 1) ₓ 100
= (1.082393 - 1) ₓ 100
= 8.24%
Over the course of 115 years the winners prize money grew from $150.00 to $1,350,000.00, its annual growth rate = 8.24%
Please Note, raising a value a to the ¹/<em>b</em> exponent is equivalent to taking the <em>b</em>th root of a. You will likely need a calculator with an "
<em>" </em>button, or a good online calculator.
Couldn't find the basic symbols, had to improvise.
An employee's conduct during the normal workday, but not related to employment and performed for the employee's own benefit is "frolic".
<h3>What is
employee's conduct?</h3>
A legal document known as an employee code of conduct outlines the proper conduct for people working for a company. The employee code of conduct outlines appropriate conduct and social expectations that members of an organisation should uphold on a daily basis.
The five code of conduct are-
- Integrity.
- Objectivity.
- proficiency in the field.
- Confidentiality.
- professional conduct.
To know more about the code of conduct/ethics, here
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Commodity self refers to one's own subjective identity arising from the commodities (goods or services) one purchases and uses.
Ex. You wear clothes that make you popular and the only thing people know you for is "your style "