The correct answer is choice A.
A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.
<span>Capitalism
This is a market economy in which the belief system is in light of private responsibility for methods for creation and their operation for benefit. Qualities fundamental to this system incorporate private property, capital aggregation.</span>
Answer:
The correct answer is boundaries and constraints.
Explanation:
One of the proposals offered by The Theory of Restrictions is to focus on the point to be improved and then we can move on to the definition of every day; a chain is as strong as the weakest link; Following this philosophy we must find what is the weakest link in a process in a company and improve at that point, remember that the speed of a process will always be the slowest process, creating a restriction in the process that can appear in any area of the organization.
The management model in conventional companies is directed at cost control. The Theory of Constraints teaches us that we must change the approach, we should not direct our efforts in cost control, but rather in generating money. To generate money you have to work with the client and depending on the client, but for that to happen we must prepare the company to be able to respond to that client, for this reason we must prepare operational models that are agile, flexible, capable of responding to constant and changing requirements.
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
The price elasticity of demand determines the flexibility of the volume needed to adjust the price.
The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.
Answer:
rate of return on lifetime subscription purchase is 6.89 %
Explanation:
given data
lifetime subscription = $1000
magazine costs = $64.50 per year
to find out
rate of return on a life subscription purchased
solution
we know that rate of return is obtain by the equation
the present value $64.5 for infinite years to 1000
so
1000 = 64.5 + + + + ................ ∞ +
and
r =
so by using geometric series for the infinity term
1000 =
r = 0.9355
so r =
0.9355 =
i = 6.89 %
so rate of return on lifetime subscription purchase is 6.89 %