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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.

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When a customer service manager works to defuse a situation with an irate customer, which managerial role is he or she taking on
Vaselesa [24]

Answer: The correct answer is "B. disturbance handler".

Explanation: When a customer service manger works to defuse a situation with an irate customer is taking on <u>disturbance handler</u> managerial role.

Clearly, when a customer service manager is presented with a situation of an unsatisfied customer who is furious about certain causes and this must calm him down in order to effectively solve his problem, he must use a managerial role of disturbance handler.

3 0
3 years ago
The articles of incorporation are submitted by the incorporators to the ____ for approval a. Irs . B. Office of the Secretary of
allsm [11]
By definition, the articles of incorporation are business documents wherein it generally contains the background information of a firm as well as its address, name, and contact information. In addition, it is generally presented to the executives most commonly the Secretary of State for approval.
7 0
3 years ago
Select the true statement:
MAXImum [283]

Answer:

B) As volume increases variable cost per unit increases.

Explanation:

As the volume of production and output increases, variable costs will also increase because the variable cost of production is a constant amount per unit produced. Alternatively , when fewer products are produced, the variable costs connected with production will as a result decrease

Variable costs example include direct Labour and material costs

So if the company decides to increase its output (production of product) from example 50 units to 100 units, then more materials and direct Labour are needed

5 0
4 years ago
For the year ended December 31, Ion Corp. had cash inflows of $25,000 from the purchases, sales, and maturities of held-to-matur
77julia77 [94]

Answer:

The amount of net cash flow from investing activities that ion should report in its cash flow statement is $65,000.

Explanation:

A cash flow statement is one of the financial statements which will tell how changes in income statement and balance sheet accounts will affect the company's cash inflow and outflow. This statement will break down the analysis in to operating , investing and financing activities.

For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore

NET CASH FLOW FROM INVESTING = $25,000 + $40,000

                                                              = $65,000

5 0
3 years ago
Does the market system result in allocative​ efficiency? in the long​ run, perfect competition
Inga [223]
C.

Allocative efficiency in simple terms basically means there is no wastage, therefore if producers produce at price equals marginal coat, they are producing at the point where consumers are willing to pay that final price. Refer to the poorly drawn diagram for reference.

7 0
4 years ago
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