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lions [1.4K]
3 years ago
8

There is one mistake in each of the following sentences. Find and correct them.

Business
1 answer:
kow [346]3 years ago
6 0
Either it is that they can’t stop producing cigarettes or there would be riots and chaos or it is that the price of cigarettes goes up and down from time to time.
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Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achievi
krek1111 [17]

Answer: false

Explanation:

The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization

6 0
3 years ago
An institution is a significant practice, relationship, or organization in a society. Institutions shape the environment in whic
Artemon [7]

Answer:

a. Private Property Rights

b. Political Stability and Rule of Law

c. Open and Competitive Market

d. Private Property Rights

Explanation:

a. By defining private property Rights and giving people a chance to own resources, Individuals will strive to own more and more of such rights and so will produce as much as they can so as to afford such rights.

b. When a nation is Politically stable and respects the Rule of Law, investment payoffs are easier to predict than in a country where instability can threaten to degrade investments such that the payoffs will be lost. For example, think of all the Western firms that lost money when the Shah of Iran was overthrown by the Ayatollah.

c. Specialization is more likely to occur in nations with Open and Competitive Market. An Open Market means that goods can come in from the outside easily. This will have the effect of the country being able to import goods that cost a lot to produce locally and instead focus on producing those goods that they are well adept at producing. This is Specialization. Also as a result of competition, companies will strive to find better ways to make profit above competitors and come up with more efficient ways of Production as a result.

d. The Xiaogang Agreement refers to an agreement by farmers in Xiaogang to subdivide their lands in secret so that they would each own a small part of it. As a result, the farmers had an incentive to produce for themselves as they now owned resources that they could benefit from. This right to Private Property led to a huge boom in Agriculture.

5 0
4 years ago
Based on the Marshall Laws of Derived Demand, labor demand is more inelastic when a. workers are making a product that uses a hi
Salsk061 [2.6K]

Answer:

b

Explanation:

According to Marshall Laws of Derived Demand, labor demand is more inelastic in the following circumstances :

  1. the cost of employing labour constitutes a small proportion of the total cost of production.
  2. the demand for the product is relatively inelastic
  3. labour cannot be easily substituted for in the production process
  4. when the supply of other factors of production is inelastic
5 0
3 years ago
If a $500 billion increase in investment spending increases income by $500 billion in the first round of the multiplier process
Zarrin [17]

Answer:

D. $5,000 billion

Explanation:

quizlet

5 0
3 years ago
Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review an
Harlamova29_29 [7]

This is a true statement that Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution.

<h3>What is distribution?</h3>

The term "distribution" refers to spreading a product out over the market so that many people may purchase it. These actions are involved in distribution: 1. A reliable transportation system to deliver the commodities to various locations. Distribution is the process of distributing things to clients. One example of distribution is the transportation of rice from Asia to the US.

Therefore,

Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution. This is a true statement.

To learn more about distribution from the given link:

brainly.com/question/14926605

#SPJ4

8 0
1 year ago
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