Given what we know, we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product.
<h3>Why does capitalism encourage this competition between businesses?</h3>
- This is due to the fact that through capitalism, there are more entities offering the same service.
- This means that consumers will have to choose where to buy.
- This will be based on the price and quality of the service or product.
- Therefore, businesses are forced to compete in these areas to attract customers.
Therefore we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product in order to attract the limited amount of consumers for a product that is offered by many companies.
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Answer:
The amount of Bourne’s net §1231 gain for year 6 is $158.750
Explanation:
Gain will be treated as gain under 1231 $211.000
Bourne's gain would be ordinary (- $52.250 )
1231 Gain 158.750
Answer: c) Make Goods
Explanation: Make-goods are free adjustments or credits given in lieu of an advertising mistake or under-delivery. It could be given in form of having a free advertising time.
Answer:
d.
Explanation:
Based on the information provided it can be said that when the car dealer sues to enforce the terms of the contract, the car dealer will lose. Mainly because Dewey has dis-affirmed the contract. This refers to the power that a minor has to deny responsibility for a contract. Therefore since Dewey was a minor at the time of signing the contract he can easily dis-affirm thee contract.
Answer:
B. Strategic business Unit
Explanation:
Strategic Business Unit
It is a fully functional unit of a business that has it's own vision and direction. Also called SBU, it is a division (autonomous) of a big corporation that operates as an independent enterprise with responsibilities focused on a particular range of products and services. It is an independently managed unit of a large company, having its own vision, mission and objectives, manager, supervisor whose planning is done separately from other businesses of the company, and also has competitors different from the ones attached to the big corporation itself.
