What is the role of business in a global economy?

Answers

Answer 1

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:


Related Questions

Which of the following best helps a company move toward achieving its
vision and mission?
A. Goals and objectives
B. Competitors and stakeholders
C. Activist investors
D. Corporate social responsibility

Answers

Answer:

A. Goals and objectives

Explanation:

Setting Goals and objectives sets you in a position to succeed. Doing this makes you organized and ready to face any challenges that you might face in order to achieve thos goals.

On January 1, 2018, Dexter, Inc. signs a 10-year noncancelable lease agreement to lease manufacturing equipment from Garr. (a) The agreement requires equal rental payments at the end of each year. (b) The fair value of the equipment on January 1, 2018 is $3,000,000. (c) The equipment has an estimated economic life of 10 years. Dexter depreciates similar equipment on the straight-line method. (d) At the termination of the lease, the title to the equipment will be transferred to the lessee. (e) Garr Co. set the annual rental to insure a 10% rate of return. (f) The yearly rental payment includes $10,000 of executory costs related to taxes on the property. From the lessee's viewpoint, what type of lease exists in this case? Question 13 options: Sales type lease Sales-leaseback Capital lease Operating lease

Answers

Answer:

This is a Sales type lease from the lessee's viewpoint.

Explanation:

A sales type lease from the lessee's viewpoint can be described as finance lease in which the title to the asset under lease will be transferred to the lessee at end of the lease.

From the question, it is stated in point (d) that at the termination of the lease, the title to the equipment will be transferred to the lessee.

This therefore indicates that this is a Sales type lease from the lessee's viewpoint.

which known factor affects prices in the financial markets?

current taxes
media speculation
gov’t policy
foreign countries

Answers

Current taxed if they are taxed more they can raise the price more

Answer:

I think it's government policy.

Explanation:

By the time I am answering the person who asked the question has already gotten a score. So could you please say what is the correct answer? thanks.

Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer

Answers

Answer:

I have no idea is that history

Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software

Answers

Answer:

Ability to work well with a project team

Explanation:

hi thereeeeeeeeeeeeeeeeeeee

Answers

Answer: Hello nice to meet you!!!!!

Explanation:

Answer:

Periotttt yasss queen!!!

Explanation:

A financial cooperative is a type of financial institution that is owned and operated
by:

Its members.

The state.

The president of the cooperative.

Answers

Answer: it's members

Explanation:

Cooperatives are private businesses or organization that are owned by it's own members, it's members are those who use or patronize it's product and services. They vary in size but irrespective of their sizes they are operated solely on members demand.

Financial cooperatives are no different from cooperatives just that they are banks owned and operated by it's member's.

Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.

Answers

Answer:

Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual

Explanation:

Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.

A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.

The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of _______________ skills valued by employers.
a. Trade
b. Technical
c. Critical
d. Automatic

Answers

Your answers should be B. Technical

Answer:

b. Technical

Explanation:

The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of technical skills valued by employers.

Jamal bought a particular brand of golf balls because he knows the same
company makes great shoes. This is an example of a company having
A. competitive advantage
B. good corporate governance
c. successful corporate branding
D. a long-term vision

Answers

Answer:

c. successful corporate branding.

Explanation:

A pre-service strategy refers to the process of planning and analyzing activities that enable a business entity to identify and determine its end users or consumers and the uniquely defined services that will be offered to these customers as they enter into the system.

Hence, marketing is central to developing pre-service strategies.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

The pre-service strategies includes identifying the following target market, design, branding, market research.

In this scenario, Jamal bought a particular brand of golf balls because he knows the same company makes great shoes. Thus, this is an example of a company having successful corporate branding.

Corporate branding can be defined as an act which typically involves using a company's brand name in all of the advertisement process.

The placement of Starbucks cafés within Barnes & Noble bookstores has proven to be a successful strategic alliance because both companies benefit from this arrangement. As a global marketing strategy, an important characteristic of a strategic alliance is

A. the complete immersion of employees assigned to the alliance, eventually forming a separate company.
B. separation of company policies, procedures, and production, but unified financial accountability.
C. it must be a long-term venture of 10 or more years.
D. participant companies do not share costs or profits.

Answers

Answer:

D. participant companies do not share costs or profits.

Explanation:

A strategic alliance is the business relation that would be between two or more companies in order to accomplish their individual goals and objectives. In this, the companies would be work independently so that no one could interfere. The motive to create this is to gain a competitive advantage

So according to the given situation, the option d is correct

And, the rest of the options would be incorrect

During a performance evaluation, what should be discussed?"
Future goals and plans
The training process
The menu
Company mission and vision statements
Other:

Answers

Future goals and plans

Do you think I would be a successful you-tuber?

Answers

Answer:

yes !! im also into becoming one as well ! it takes a while but its worth it, keep your hopes up but make sure you have another option just incase it might not work out right.

Explanation: goodluck <3

You drink 19 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for

Answers

Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.

Explanation:

Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side

In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover

Answers

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

The cash price for a stereo system is $900. You choose to buy it on credit and give a $100 down payment, and the balance due is 24 equal payments of $42. Installment Total= $Total of Payments + Down Payment What is the total installment price?

Answers

Answer:

$ 1108 is the total installment price

Explanation:

Cash price for a stereo system = $900

Down payment made to buy stereo on credit = $ 100

Remaining amount after paying down payment = $900 - $100 = $ 800

Installment Total= $Total of Payments + Down Payment

Installment Total= $ 100 + 24 * $42 =$ 1108

Using two examples of the fight against institutional racism that were described in this lesson, evaluate how successful they have been.

Answers

Answer:

Speak out publicly against racismSeek knowledge about the black cause to defend anti-racism

Explanation:

Institutional racism is that which is affirmed through racist social structures that were historically constructed through the slavery of blacks and whose discrimination persists until today. We all know how illegal and unethical it is to have racist attitudes, and this is a problem that often goes unnoticed in society because certain behaviors are already declared normal in society, such as the marginalization of blacks, who according to research have lower wages and lower chances of professional advancement compared to white people.

It is the duty of every citizen to support the anti-racist movement, deepening in studies that help to understand how society has become separatist and to recognize how the black community has suffered and still suffers from prejudice, and thus to actively position itself as an advocate of anti- racism, becoming aware and seeking to make people aware of the importance of building a more just and equal society for all, where everyone is respected and has the same conditions to have a good life regardless of their color.

Which method of payment actually is a form of borrowing money that
needs to be paid back later?*
5 points
O a. Cash
b. Credit Card
O c. Debit Card
O d. Check

Answers

Answer:

B. Credit Card

Explanation:

hope this helped

A factory can produce cars and trucks. If the price of cars increases, then the supply of trucks will


stay the same
decrease
Increase

Answers

Answer:

decrease

Explanation:

Which are affected by the factors of production? Choose three answers.

the demand of the item
the availability of the item
the cost of the item
the quality of the item
the popularity of the item

Answers

Answer:

A.)- the demand of the item

C.)- the cost of the item (some factors are more expensive and rare than other)

D.)- the quality of the item

Explanation:

Answer:

A. the demand of the item

C. the cost of the item

D. the quality of the item

Explanation:

what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior

Answers

Answer:

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What is integrity

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C.The ability to come up with new plans or ideas

Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

A healthcare organization in Canada outsources its insurance work to a service provider in South Asia. The employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia. Slowly, the healthcare organization is reducing the level of outsourcing and is employing people in Canada. Which of the issues associated with offshore outsourcing describes the above scenario

Answers

Answer:

Diminishing cost advantages

Explanation:

Diminishing cost advantage is a decline in the coat benefits that offshore outsourcing offers.

Offshore outsourcing occurs when a company outsources part of its operations to a foreign company.

The main benefit of such a move is a reduction in cost.

However when the benefits decline it is referred to as diminishing cost advantage.

In the given scenario employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia.

This will result in more cost for the company through its outsourcing activity

A free trade zone is an area where Group of answer choices black market trade is carried out under government supervision the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry ideas are exchanged in an academic setting to increase the academic activity of the country large open markets are set up in poor countries for the exchange of international currencies people bring agricultural products for trade and barter

Answers

Answer:

the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry

Explanation:

A free trade zone area is an area where goods are imported or exported without being subjected to the normal trade laws such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry.

the aim of a free trade zone is to increase and stimulate foreign trade

Advantages of a free trade zone area

1. it increases efficiency

2. it encourages competition. As a result of not restricting import, domestic product have to compete with foreign goods

3. it allows countries to specialise in the production of goods for which they have a comparative advantage

To determine what the customers of a clothing store think about the variety of clothing sold in the store, a manager hands out a survey to 100 teenagers chosen at random who visited the store.
Which of the following could affect the outcome of the survey?
A. The survey is biased because the manager did not give the survey to teenagers at other stores.
B. The results could be flawed because the sample population was too large.
C. The results could be flawed because the sample is not a good representation of the store's customers.
D. The results could be flawed because the teenagers were randomly chosen

Answers

Answer:

C. The results could be flawed because the sample is not a good representation of the store's customers.

Explanation:

I just took the quiz, I hope this helps (:

The results could be flawed because the sample is not a good representation of the store's customers because it onlu says only  a manager hands out a survey to 100 teenagers chosen at random who visited the store.

What do you mean by Sample?

A sample is an unbiased visual value taken from humans. In simple terms, a population is the total number of observations (i.e., people, animals, objects, data, etc.) contained in a particular group or context.

Thus, Option C is the correct statement that is The results could be flawed because the sample is not a good representation of the store's customers.

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What are the location factors of coca-cola? (Give me 2-4 factors)

Answers

Answer:

Labor Productivity: ...

Exchange rates and Currency Risk: ...

Costs: ...

Political Risk, Values and Culture: ...

Proximity to Markets: ...

Proximity to Competitor:

What are the four main reasons some skills are in higher demand than others

Answers

Answer: 1) Because of their demand 2) Wealth can be easily gotten through them 3) Improved solution 4) Tendencies that they would be needed for a long time

Explanation:

Some jobs are of a higher demand than others, the following explains why it is so

1) Demand; the world is changing and there is demand for certain fields today than before, new trends are replacing the existing ones, this now places a higher need for some skills than others.

2) Wealth easily generated; based on the demand for this new set of skills and job, there would be a high buying and selling within this region thereby creating wealth for those involved easily than existing skills

3) Improved solution; these high demand jobs have created better ways to solve problems than the existing method, this makes them have value than other methods applied before

4) Duration; there are tendencies that they would be sustainable for a long period of time, this makes them highly demanded

how come ethics impact on psychology

Answers

Answer:

Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.

Explanation:

Discuss intellectual property frankly.

Be conscious of multiple roles.

Follow informed-consent rules.

Respect confidentiality and privacy.

Tap into ethics resources

Contemporary manufacturing is characterized by a. production facilities that are generally located as close as possible to the sites of raw material production. b. strong unions and localized involvement in all facets of the production process. c. spatial disaggregation of the production process. d. reliance on highly skilled labor at all phases of the production process. e. production facilities located close to railroads.

Answers

Answer:

Spatial disaggregation of the production process

Explanation:

Manufacturing is said to have dominated nonagricultural employment in 1950 about 45 percent while Growth is said to take off in the 1960s.

manufacturing increase due ot

1.Large labor pool released from agriculture

absence of unions

State Development Board- tax incentives, technical training

Interstate completion- upgrade airports and ports

Improved race relations, mild climate, relaxed lifestyle, recreation, less congested

Contemporary manufacturing is characterized by spatial disaggregation of the production process. Hence, Option (C) is correct.

This means that different stages of production are often dispersed across various locations, both domestically and globally.

There are several reasons for this trend.

First, advancements in transportation and communication technologies have made it easier to coordinate and manage production activities across different locations.

Second, globalization and the pursuit of cost efficiency have led companies to source raw materials, components, and labor from different regions to take advantage of lower costs and specialized expertise.

Third, spatial disaggregation allows for better risk management and resilience by diversifying production locations and reducing dependency on a single site.

Thus, this approach enables companies to optimize their supply chains, access specialized resources, and respond quickly to changing market demands.

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Which of the following are examples of discretionary fiscal​ policy? ​(Check all that​ apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.

Answers

Answer:

The government provides stimulus funds to repair roads and bridges to increase spending in the economy

The president and congress reduce tax rates to increase the amount of investment spending

Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate

Explanation:

The following are examples of discretionary fiscal​ policy.

The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.

The correct options are A, C, and D.

What is discretionary and nondiscretionary fiscal policy?

Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.

These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.

Thus, the ideal selection is options A, C, and D.

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