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MissTica
3 years ago
7

PLEASE HELP ASAP, I NEED TO DO THIS BUT DONT KNOW HOW TO. Describe how free markets solve the problem of coordination. Why do co

mmand economies struggle with this problem?
Business
1 answer:
Strike441 [17]3 years ago
6 0
The advantage of a free market economy is that when it works it can both be reward and perpetuate innovation But they are inherently more risky and does tend to favor those more capital and resources . In an Economic make system with multiple equilibria coordination failure occurs when a group of firms could achieve a more desirable equilibrium but fail to because they do not coordinate their decision making
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Competitive advantage refers to:
True [87]

Answer:

d. refers to how a firm does something unique to create added value.

Explanation:

The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.

The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.

7 0
3 years ago
Can you help with this riddle : he married many woman but has never married​
Natali [406]

Answer:

A priest

Explanation:

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3 years ago
Read 2 more answers
Garcia Co. sells snowboards. Each snowboard requires direct materials of $100, direct labor of $30, and variable overhead of $45
irakobra [83]

Total cost of 10000 snowboards

Per unit Total

Direct material 100 1000000

Direct Labor 30 300000

Variable overhead 45 450000

Fixed overhead 635000

Fixed selling and administrative costs 115000

Total cost of 10000 snowboards 2500000

Cost of one snowboard = Total cost of 10000 snowboards / Total number of snowboards

Cost of 1 snowboard $ 250

Thus, the cost of 1 snowboard = $ 250

Now, the selling price is set as = Total costs + 15 % on total costs

Selling price = $ 250 + (15 % × $ 250)

Selling price = $ 250 + $ 37.50

Selling price = $ 287.50 per snowboard

8 0
4 years ago
If you own 15 comma 000 shares of stock of Nike and it pays a dividend of $ 0.21 per​ share, then what is the total dividend you
DanielleElmas [232]

Answer:

$3,150

Explanation:

Data provided in the question

Number of shares owned = 15,000 shares

Dividend per share = $0.21

So, the total dividend received is

= Number of shares owned × Dividend per share

= 15,000 shares × $0.21 per share

= $3,150

We simply multiplied the number of shares owed with the dividend per share so that the total dividend could come

8 0
3 years ago
a senior manager from the business unit most affected by a project and who ensures the project will indeed meet the needs of his
Naily [24]

The above statement is true. The project sponsor is a senior manager from the business unit most affected by a project who assures the project will fulfill the needs of his or her firm.

  • The project sponsor is in charge of the project's overall success, which includes selecting the project manager and team, establishing success parameters, and guaranteeing the project's timely completion.
  • Executive sponsor is a position in project management, typically held by the project board's most senior member and frequently its chair. A top executive at a company who is accountable to the company for the project's success will serve as the project sponsor.
  • Members of senior management who support projects and have a significant amount of influence and power are known as project sponsors. The names of project sponsors vary frequently, including those of product sponsors, project directors, account managers, and business unit managers.

Thus this is definition of project sponsor.

To learn more about project sponsor, refer: brainly.com/question/28387041

#SPJ4

3 0
1 year ago
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