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kogti [31]
2 years ago
14

Capitalism encourages businesses to be more efficient to compete successfully on:.

Business
1 answer:
SVEN [57.7K]2 years ago
6 0

Given what we know, we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product.

<h3>Why does capitalism encourage this competition between businesses?</h3>
  • This is due to the fact that through capitalism, there are more entities offering the same service.
  • This means that consumers will have to choose where to buy.
  • This will be based on the price and quality of the service or product.
  • Therefore, businesses are forced to compete in these areas to attract customers.

Therefore we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product in order to attract the limited amount of consumers for a product that is offered by many companies.

To learn more about capitalism visit:

brainly.com/question/26119138?referrer=searchResults

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What strategy did president roosevelt use to restore america's confidence in government and the private banking system?
Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

To learn more about Roosevelt here:

brainly.com/question/1000563

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5 0
2 years ago
A process of making decisions by constructing simplified models that extract the essential features from problems without captur
zvonat [6]

Answer:

Bounded rationality.

Explanation:

This is explained to be a model that is been used in making choices between alternatives. Models of this kind brings about use of logic, analysis and objectivity always which appear over subjectivity and insight. In this particular model, approaches like Formulating of goal, decision making, identification of criteria for decision making, performing analysis etc are seen to make this model a better type of its kind. Here individuals who are seen to posses high cognitive ability are seen handling of decisions and making quality arrangements towards its actualization.

In a lot of cases, it is seen to not consider factors that cannot be quantified, such as ethical concerns or the value of altruism.

6 0
3 years ago
which option is the best practice to avoid disruptions in productivity? set your status presence as unavailable when you need to
frozen [14]

In this article, we go over the main interruptions we have during the course of the workday and how to prevent them to increase productivity.

<h3>What does a disruption strategy entail?</h3>

Christensen defines disruptive innovation as the process by which smaller organizations with fewer resources challenge established or incumbent businesses by fulfilling an unmet market need in the online course Disruptive Strategy.

<h3>What are the four disruption capacities?</h3>

The innovation pattern for technology products can be broken down into four stages rather than the traditional five stages of grief: disruption of the status quo, rapid and linear evolution, alluring convergence, and total reimagination. Any technology or product line can be arranged in this order at any given time.

To know more about avoid disruptions productivity visit:-

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4 0
1 year ago
Which of the following represents an increase in living standards over the past century? Check all that apply. Increased human a
pashok25 [27]

Answer:

Medical breakthroughs enable people to enjoy better healthcare nowadays.

Explanation:

An increase in living standard means that the lives of people are better off.

Advances in medicine have made it possible to find cure to various diseases. This improves standard of living.

Increased pollution of air and water and decline of dollar value have negative effects on living standard.

Pollution affects human health negatively and can cause diseases which negatively affect standard of living. Also, pollution can cause floods and other environmental disasters. Floods can displace people from their homes and this affects standard of living negatively.

Decrease in dollar value has made items more expensive.

I hope my answer helps you

7 0
3 years ago
Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds
Morgarella [4.7K]

Mr. Divers will be affected bey th unatnticpated inflation causng his retirement account to be worth less in the future than before inflation. Due to inflation, the prices of goods and services rise causing his money to be spent in a shorter time period on less items then it would have if it were spent without any type of inflation issues.

7 0
4 years ago
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