1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wolverine [178]
3 years ago
15

What is one main feature of the free enterprise system

Business
1 answer:
earnstyle [38]3 years ago
7 0

Answer:

Businesses that produce good products are rewarded with profits

Explanation:

In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.

No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.

You might be interested in
In the out line above which sub topic is incorrectly placed under a topic heading
DerKrebs [107]

i think its computer assembly and repair.

5 0
3 years ago
Because of global competition and advances in new information technology, tasks and responsibilities for managers have
Triss [41]

Answer:

"Become more intense " is the right answer.

Explanation:

  • Global or Economic competition seems to be on the market for several years with environmental regulations being reduced and that many markets liberalized.
  • A commonly held view of intensified global competition is its impact on individuals' tendency to find employment or maintain their present employment.

So that the above is the correct approach.

4 0
3 years ago
Which of the following is an essential part of being an entrepreneur?
Molodets [167]

Answer:

B. Taking risks.

Explanation:

4 0
3 years ago
Why should we hire you? Is this a behavioral, situational,&/or job knowledge/worker requirement interview question
Ivenika [448]

Answer:

It's a behavioral and situational question.

Explanation:

4 0
3 years ago
GN Corp. and BC Inc. are two competing firms in the same industry. GN Corp.'s tangible assets are valued at $15 billion and its
Inessa05 [86]

Answer: It is likely that BC Inc. is better enabled than GN Corp to gain and sustain a competitive advantage.

Explanation: Since BC Inc.'s intangible assets are valued at $45 billion more than GN corp, hence they are better enabled to gain and sustain competitive advantage.

6 0
3 years ago
Other questions:
  • Substitution and income effects of a change in price of a good may be used to explain the:
    8·1 answer
  • You are not allowed to park within _____ feet of an intersection
    5·2 answers
  • 6. Covered versus uncovered interest arbitrage On June 5, Ginny, an American investor, decided to buy six-month Treasury bills.
    6·1 answer
  • The ultimate goal of any product costing system for a manufacturer is to determine the cost of producing one unit of product.
    13·1 answer
  • Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c
    13·1 answer
  • An ex-gratia claim made when a project is closed down is made when
    6·1 answer
  • Your company has a fixed monthly operating cost of $4173 (rent, fixed utilities, etc.) on top of the $5.13 it costs you to make
    7·1 answer
  • 6. Identify a change in technology during each of the time periods in history below that you believe improved the
    6·1 answer
  • which member of the acquisition team is responsible for forming the acquisition team and leading the team
    15·1 answer
  • The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!