To put it simply, they have to develop a product that make people want to pay to acquire it.
Sellable product usually either :
- able to make people happy ( such as movies, music, Delicious food, etc) or
- Able to make people's life become easier ( such as Gadgets, consultation service, etc)
Answer:
rent seeking company
Explanation:
Currently most large corporations operate as monopolies or oligopolies which gives them huge market power and they generally abuse of it.
Rent seeking happens when companies (usually very large companies) increase their profits without an increase in productivity.
Corporations seek higher rent usually through lobbyists that obtain political favors for them, e.g. lower taxes, grants, subsidies, or tariff protection.
The suitable portfolio for the young investor is a.) portfolio of with a high percentage of stocks. Stocks are a person's share in a company, giving them profits or losses based on a company's performance. Stocks are highly risky due to the unpredictable performance in the stock market, prices can rise or drop fast. However, the returns of the stocks are higher compared to other financial instruments.
Answer:
Working capital = Current assets - Current liabilities
= $617,000 - $233,000
= $384,000
Explanation:
Working capital refers to current assets minus current liabilities. It is the capital available for day to day running of a business.
