Answer:
The answer is A) Rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
Explanation:
Traditional economic theory is based on three fundamentals, the first one being we are all rational consumers or suppliers.
Alex is trying to earn some money, completely rational and intelligent. He is able to do it by satisfying his neighbors´ need for lawn mowing.
Is he greedy? Probably yes, but he is still rational. No one is forced to pay his fee, so his also rational neighbors will decide if the price is correct or not. Those who believe the price is correct will hire him. If someone believes his is charging too much and that they can offer the same service for a lesser price, should show up and offer their cheaper services.
Can people who buy a 25 million dollar car be considered irrational? No they can´t, because for them is probably an investment or they simply have tons of money and like extremely expensive cars. What one person considers expensive may be considered cheap by someone else.
C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bring their friends, C’est Wot gives first-time visitors buy-one-get-one meal vouchers for their next visit. This is an example of: adding force.
<h3>What is an adding force in business?</h3>
This is the term that is used to describe the way that a company is able to get consumers that would get to purchase and consume their products. It is a strategy that is used to facilitate increased consumer base.
The way this is seen here is that the business had to create a system that would bring them more people. To do this they had to create a way for people to come in pairs.
The first time visitors are given a voucher that would enable them to get free meals when they visit.
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Answer:
The correct answer is option B.
Explanation:
An electronics manufacturing company is headquartered in London. It has a marketing unit in New York.
Peter is a British resident, who works in the London office of the company. Keith is a US citizen and works in the New York marketing unit.
Since the company is headquartered in London, its parent country is Britain. The US is a host country for the company.
So Peter is a parent country national and Keith is host country national.
The aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.
<h3>What are international businesses?</h3>
An international businesses means a business that involves in national exchanges of goods, services, or resources.
In conclusion, the aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.
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