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olya-2409 [2.1K]
2 years ago
5

Why are people engaged in business? Explain.​

Business
1 answer:
Crank2 years ago
3 0

Answer:

The reason why people get engaged in business is because they become more productive and people engage in business to make money and get returns on investment.

Explanation: This is the answer I hope this helped you out.

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The top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be t
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Answer:

Strategic planning

Explanation:

Strategic planning is defined as the process by which a business outlines direction and strategy. It also involves decision on how the business will allocate it's resources to achieve its strategic goals.

Strategic plan involves formulation of mission, vision, and plan of action that will make the business achieve set goals.

In this scenario top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be to expand the overall business internationally. This is the strategic plan of the business for the next two years

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_____________ is when a product is included inside a TV show or movie. A. Product placement B. A commercial C. Promotion D. Inst
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Answer: A. Product placement

For example, when a character drinks a brand of soda, then this is a product placement. Ideally it should be subtle but sometimes it's very obvious.

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__________ values and norms are exhibited by employees based on their observations of what actually goes on in the organization.
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Based on their observations of what actually occurs in the organization, employees demonstrate the enacted values and norms.

Your values are the things you hold dear in terms of how you conduct your life and career. Value indicates the significance of an action or thing in ethics and social sciences. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. In the social sciences, norms are a key notion. Norms are most frequently described as socially imposed laws or expectations. Norms can be prescriptive (encouraging good behavior, such as "be honest") or proscriptive (forbidding bad behavior, such as "do not cheat").

Learn more about Norms here

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Which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of socie
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It should be noted that the inefficient allocation if resources is market failure.

<h3>What is market failure? </h3>

It should be noted that market failure simply means the inefficient distribution of goods and services.

Market failure is the the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

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