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Alecsey [184]
3 years ago
12

What collective name do we refer to: natural resources, labor, capital, education or know-how?

Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

Factors of production

Explanation:

The general name is factors of production. They are also the 'inputs' in the production process.

The factors of production are combined or put together for the productions of goods and services to happen.  The four factors include land, which represents the natural resources in this case.

<u>Land</u> refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.

<u>Labor </u>is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.

<u>Capital </u>is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.

<u>Know-how </u>refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.

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What is the problem associated with service quality standards such as "be nice" or "do what the customers want"?
Rama09 [41]

Answer:

b. They are not specific

Explanation:

The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.

5 0
3 years ago
Benjamin Graham, the father of value investing, once said, "In the short run, the market is a voting machine, but in the long ru
Ber [7]

Answer:

1- a. A stock's intrinsic value is based on true investor return.

2- a. Most investors prefer companies that can rise prices beyond reasonable levels.

b. Successful companies can avoid raising external funds in the financial markets.

Explanation:

Intrinsic value of a company's stock is the real value of stock which is based on systematic factors affecting the company. The factors affecting the intrinsic value of company are usually internal factors. The performance of company management, employee satisfaction and its operational efficiencies are the factor which drive intrinsic value of a company.

6 0
2 years ago
"You need to have $15,000 in five years to pay off a home equity loan. You can invest in an account that pays 5.75 percent compo
Nana76 [90]

Answer:

I have to invest $11364.

Explanation:

The formula of Compound Interest is:

A = P(1+\frac{r}{n})^{nt}

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.

Putting all these values in above formula:

15000 = P(1+\frac{0.0575}{4})^{4\times5}

⇒ 15000 = P(\frac{4.0575}{4})^{20}

⇒ 15000 = P(1.014)^{20}

⇒ 15000 = P(1.320)}

⇒ P = 11364

Hence, I have to invest $11364 for 5 years.

4 0
3 years ago
When calculating a project’s net present value, which type of cash flows should be considered? Question 2 options: A) Free cash
irina [24]

Answer:

Operating cash flows

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV is a capital budgeting method used to determine profitable investments

7 0
3 years ago
What is income not used for consumption called?
inna [77]
The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns.
6 0
3 years ago
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