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
ozzi
3 years ago
14

What is the role of business in a global economy?

Business
1 answer:
posledela3 years ago
5 0

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

You might be interested in
SafeMark Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three
andrew-mc [135]

Answer:

70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.

Explanation:

5 0
3 years ago
↑ State 4 ways in which a business may increase its profit ​
postnew [5]

Answer: The four main ways a business may increase it's profit are through reducing costs, increasing turnover, increasing productivity, and increasing efficiency.

6 0
2 years ago
Read 2 more answers
Smith entered an oral agreement hiring and authorizing Jones to sell fraudulent identification cards produced by Smith. Smith an
Marina CMI [18]

Explanation:

We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.

An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.

For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.

Considering all the above discussion, Jones stands right.

3 0
3 years ago
What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty
Hitman42 [59]

Answer:

The optimistic approach examines the best possible outcome in a given situation and chooses the 'best of the best' while the pessimistic approach examines the worst possible outcome in a given situation and chooses the 'best of the worst'.

Explanation:

Decision making under assumed uncertainty is an approach that is taken when the outcomes of future events are not entirely known. The Hurwicz criterion provides a basis on which the pessimistic and optimistic outcomes can be balanced. This criterion allows the person who makes the decision to chose a coefficient of pessimism signified by alpha (α) and it is a decimal that is graded between 0 and 1. This number signifies the worst possible outcome whereas, the number (1-α) signifies the best outcome.

So, the optimistic approach examines the best possible outcome in a given situation and allows the decision-maker to choose the 'best of the best', while the pessimistic approach examines the worst possible outcome in a given situation and the decision-maker to choose the 'best of the worst'

3 0
3 years ago
An investor purchased on margin Orange Computer for $30 a share. The stock's price subsequently increased to $50 a share at whic
kicyunya [14]

Answer:

A. 104%

B. 66.7%

Explanation:

A. Calculation for what would be the percentage return earned

Percentage return =($50-$30-30*60%*7%)/30*60%

Percentage return(20-$18*.07)/18=

Percentage return=1.04*100

Percentage return=104%

Therefore what would be the percentage return earned is 104%

B. Calculation for What would have been the return if the investor had notbought the stock on margin

Percentage return=($50-$30)/$30

Percentage return=$20/$30

Percentage return=66.67 %

Percentage return=66.7% Approximately

Therefore What would have been the return if the investor had notbought the stock on margin is 66.7%

7 0
3 years ago
Other questions:
  • If consumers expect a shortage of consumer goods in the future, what will happen to output and price level?
    15·1 answer
  • Melinda completed the jcomputer programming aptitude test when she applied for a position with beta electronics. six months late
    6·1 answer
  • The _____ focuses on improving the foreign direct investment of developing countries.
    15·1 answer
  • The "graying" of the population is an example of:
    5·1 answer
  • San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi
    12·1 answer
  • Governmental financial reporting should provide information to assist users in which situation?
    11·1 answer
  • Free Motion Enterprises paid a $2.20 per share annual dividend last week. Dividends are expected to increase by 3.75 percent ann
    7·1 answer
  • On its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per
    8·1 answer
  • In 2020, Monty Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities of $
    14·1 answer
  • Consider two bonds, F and G. Both bonds presently are selling at their par value of $1,000. Each pays interest of $90 annually.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!