They may charge for any late payments
<span><span>There
is an advantage if a group of medical doctors will invest to incorporate their
business regardless of the costs involved. In fact, many
individuals choose to incorporate to obtain limited liability. In some cases, they may also receive tax savings by doing so</span>.
(FALSE)</span>
Answer:
Business knowledge
Explanation:
Business knowledge is defined as the extensive experience and insight an individual has into business dynamics, customer preferences, staff skills and potential, and the business's general direction.
For a HR staff to be a strategic partner and provide aspirations to the company and function as an inspiration for strategic planning, he will need to use a good business knowledge.
This will enable him provide valuable insights on how the business can achieve its goals and objectives.
He will have the ability to ensure continuous business growth by identifying opportunities for financial success.
Answer:
c. the entry of new firms
Explanation:
- The entry of the new firms in the market creating a market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it
- This declines the economic profits in the new and the existing firms as long as the profits exists in the markets and entry will continue to shift to supply to the right.
- The diversification of the melt and the fall in the monopoly of the firms start to take place.
- They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
