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
earnstyle [38]
3 years ago
14

In a market economy, competition is a crucial requirement. What is one benefit to fostering competition in an economic system?

Business
1 answer:
Natali5045456 [20]3 years ago
4 0

What is one benefit to fostering competition in an economic system? It gives consumers more choices in the quality and price for things they want to buy. It causes higher prices, so businesses make a higher amount of profits

You might be interested in
Angela's monthly disposable income is ​$2 comma 3682,368. She has monthly expenses of ​$2 comma 1272,127 ​(including recreationa
Alchen [17]

Answer:

12.88%

Explanation:

Angela's disposable income $2,368

monthly expenses including recreational expenses ($2,127)

net cash flow $241

after expenses are reduced by $64, her net cash flow will increase to $305

Angela's monthly savings rate = (net cash flow / disposable income) x 100 = $305 / $2,368 = 12.88%

A person's savings rate is how much money they save (do not spend) compared to their total disposable income.

5 0
2 years ago
In a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreti
ddd [48]

Answer:

A. True

Explanation:

The section called Management Discussion and Analysis in an annual report analyzes the performance of a company, includes comments from the management about the financial statements to allow the readers to understand the information in a better way and includes the future objectives and plans. According to this, the answer is that the statement that indicates that in a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreting the financial statements and assessing the future of the company is true.

7 0
2 years ago
Corporations have limited liability, but lose ultimate control of corporate assets to the ______________ ..
Vinil7 [7]

Answer:

Stockholders

Explanation:

Stockholders are the owners of a company.  As owners , stockholders have voting rights in the company.  Shareholder elects directors who represent them on the board of directors. Each share is equivalent to one vote.  The board members recruit top management of the company. The board provides policy guidelines, makes critical decisions, and supervises senior management.

By electing board members, shareholders influence the management of the business. Should the stockholders be unhappy with the way the company is being managed, they can vote out the current director and elect new ones. The new directors then appoint fresh managers. In this way, shareholders maintain control of the assets of the company and its assets.

5 0
3 years ago
A set of rules that allows an administrator granular control over the configuration of objects in Active Directory (AD), includi
Tema [17]

Answer:

group purchasing organization (GPO)

Explanation:

A Group Policy Object (GPO) is set of standards that offer Active Directory (AD) manager granular permissions over objective configuration, involving accounts, operating systems, programs, as well as other AD items. GPOs are also used to control the Active Directory system centrally and to customize it. The interpretation of code parameters will also included in this.

A group purchasing organization (GPO) in United States is an organization created to exploit a group of companies ' buying power to receive discounts from suppliers based on the mutual purchase power of GPO members ' 

6 0
2 years ago
Porite Company recognizes revenue in the period in which it records an asset for the related account receivable, rather than in
solmaris [256]

Answer:

Accrual basis of accounting

Explanation:

Accruals basis accounting (accruals accounting, the matching concept) depicts the effects of transactions and other events and circumstances on a reporting entity’s economic resources and claims in the periods in which those effects occur, even if the resulting cash receipts or payments occur in a different period.

Revenue from sales and other income should be reported in the period when the income arises (which might not be the same as the period when the cash is received from the customer / client).

Based on the above discussion it can be concluded that the Portie's practice is an example of accrual basis of accounting.

7 0
3 years ago
Other questions:
  • Prime Corporation's building was destroyed by a tornado. The fair market value of the building at the time of the tornado was $4
    10·1 answer
  • When a company such as home depot provides a loyal customer with a relevant coupon, based on previous purchases through his or h
    9·1 answer
  • In contrast to __________ interactions, which allow the firm to gain insights on the needs of a particular customer, ___________
    13·1 answer
  • The economies of many countries, such as ____, are based on manufacturing electronics.
    12·1 answer
  • Your sole proprietorship makes $90,000 per year in profits. Your average federal tax rate is 24% and your state tax rate is 6%.
    14·2 answers
  • Use the following information from separate companies a through d :
    15·1 answer
  • Future Value of Multiple Annuities Assume that you contribute $150 per month to a retirement plan for 20 years. Then you are abl
    6·1 answer
  • On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,000,000 cash. The original cost of the crane was $5.22 m
    15·1 answer
  • Sheridan Company uses the percentage-of-receivables method for recording bad debt expense. The Accounts Receivable balance is $2
    5·1 answer
  • all plans must cover at least the standard part d coverage or its actual equivalent which of the following
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!