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
g100num [7]
2 years ago
7

What role do businesses play in a free enterprise system?

Business
1 answer:
fenix001 [56]2 years ago
3 0

Answer:

C. They produce most available goods and services.

Explanation:

In A free market economy, the production of goods and services is done by the private sector. The government's participation in economic activities is limited. The private sector owns and controls the majority of the factors of production.  The private sector owns factories, manufacturing, and other businesses in the economy.

In the free market economy, profits are the primary motivating factors to engage in business. The private sector produces goods and services that will generate profits for the businesses.

You might be interested in
What has been the pattern of union membership in recent years?
natima [27]

D. growth of neither public nor private sector unions

Explanation:

In recent years both Public and private unions have lost popularity among the workers as they have been slowly losing their importance in the modern capitalistic societies.

<u>Union memberships were important for the security of the rights of the workers</u> and these unions were often quite influential too. This has not remained the case unfortunately.  

<u>With sanctions in place, unions do not have an effective job to do and their popularity has dwindled. </u>

7 0
3 years ago
Read 2 more answers
The cost of goods sold for mcpherson fashions is $360,000. the beginning inventory for the firm was $20,000. twelve months later
kiruha [24]
Inventory turnover = Cost of goods sold / Average Inventory

Average Inventory = (Beginning Inventory + Ending Inventory) / 2
                              = ($20,000 + $40,000) / 2
                              = $30,000

Inventory turnover = $360,000 / $30,000
                              = 12 times.
3 0
3 years ago
The clientele of black &amp; company's audit practice consists primarily of privately-owned small and middle market companies. r
stepladder [879]
<span>By winning two new clients in form of publicly owned companies black & company increase its chances to open its services to a broader market. If the audit is successful and the new clients are satisfied black & company could get referrals which would lead to a growing clients base and therefore an increase in profits.</span>
3 0
3 years ago
Read 2 more answers
Gary Kelly, CEO of Southwest Airlines, talks to a group of reservation agents to acknowledge their contributions to the company'
Olenka [21]

Answer:

leading

Explanation:

The function of management that the CEO is performing in this scenario is known as leading. This function focuses on motivating employees and influencing their behavior to achieve organizational objectives. In this scenario, the CEO of the company is motivating the employees by letting them know that they have been doing a great job and that top management is noticing their efforts which in term will cause them to perform even better with hopes that they will get bonuses or a promotion.

3 0
3 years ago
Give like the LATEST NEW PLAYLIST "Sad Boy Intro" if you want to heard (Unrelease) playlist and listen to "A love Letter Heart B
Wewaii [24]

Answer:

its in my queue

Explanation:

but are you actually good?

4 0
2 years ago
Read 2 more answers
Other questions:
  • On December 31, 2016, the end of Larry's Used Cars' first year of operations, the accounts receivable was $53,800. The company e
    14·1 answer
  • Overton Company has gathered the following information. Units in beginning work in process 21,400 Units started into production
    13·1 answer
  • Which of the following best explains why a resident of Venezuela would wish to use U.S. currencies rather than currencies issued
    13·1 answer
  • Which of the following are included in M2?
    14·1 answer
  • 1+2+3+4+5+6+7+8+9+10+11+12+13+14
    10·2 answers
  • Which objective is NOT appropriate for an informational interview?
    10·2 answers
  • Exercise 14-01 Justin Bleeber has prepared the following list of statements about managerial accounting, financial accounting, a
    11·1 answer
  • Business partners Arnetta and Xavier are designing their new office space and furnishings. They want to communicate success and
    14·1 answer
  • Which of the following is an example of foreign direct investment?
    11·1 answer
  • During 2020, Starnes Corporation developed a patent. Starnes incurred the following costs related to the development of the pate
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!