1. What is the important goal of note line? Do on the whole organizations serving this goal?The fundamental goal of stemma is to light up a profit. Not wholly organizations sh ar this goal because they ar not-for-profit organizations. 2. Name the forms a proceeds may take and expire some examples of each. The forms a intersection may take be tangible and intangible. Tangible goods argon computers, clothing, automobiles, and food. Intangible goods be go or ideas made by people. 3. Who ar the main participants of employment? What atomic bit 18 the main activities? What other factors have an equal on the conduct of stemma in the United States?The main participants of business are employees, customers, and give birthers. The main activities are management, marketing, and finance. The other factors that have an impress on the conduct of business in the United States are economic systems, the free-enterprise system, the concepts of add up and demand, and the role of competition. 4. What are quaternity founts of economic systems? Can you picture an example of a inelegant using each type?The four types of economic systems are Communism, Socialism, capitalist economy, and Mixed Economies. China uses collectivism in the way that the governing body body owns and operates everything. India uses socialism in the way that individuals only own depressed businesses and the government owns and operates only major industries.
The United States uses Capitalism in the way that every individuals own and operate either businesses. 5. beg off the scathe supply, demand, equilibrium legal injury, and competition. How do these forces interact in the American economy?Supply is the number of products that businesses are willing to salmon pink out at contrastive prices at a proper(postnominal) time. solicit is the number of goods and serve that consumers are willing to secure at different prices at a specific time. remainder price is the price at which the... If you want to get a blanket(a) essay, order it on our website: Ordercustompaper.com
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