Individuals who come up with a new idea for a good or service, then they make it a reality are .called entrepreneur True True FalseO

Q: When an organization has a structure in which decision-making authority is delegated as far down the…

A: The correct option is C i.e. Decentralized.

Q: Substantive due process rules deal with “how things are done”. True or False?

A: The criminal laws are the substantive laws and criminal procedures follow the procedural laws.…

Q: What is this collusion? The subject is principal of microeconomics.

A: Collusion is a strategy generally formed when there are few firms in the market to take extra…

Q: If you are the employer of a business establishment, how will you apply utilitarianism using…

A: The utilitarian is used by the business firms to analyze and evaluate the decisions in light of its…

Q: Is Conscious Capitalism an illusion? Can someone please explain with an citation at the end.

A: Capitalism is a monetary framework dependent on the private responsibility for method for creation…

Q: Why should policymakers think about incentives?

A: The incentives refer to the extra income given to the people who had worked for additional hours. In…

Q: What is the name given to the value that laborers produce but are not paid for, that is instead…

A: Labor cost is the complete of wages, advantages, and finance charges paid to and for all…

Q: The company that you manage has invested $5 million in developing a new product, but the development…

A: You should not go ahead. The reason is, you will receive greater loss. That is, if you go ahead, the…

Q: The company that you manage has invested $5 million in developing a new product, but the development…

A: given information is that, i have invested 5 million already and now the expected sales of new…

Q: Microeconomics also known as

A: There are three major economic problem. They are as follows: The needs of the people are unlimited…

Q: A couple recently got preapproved on a loan for their first house purchase. They are speculating on…

A: Low bid refers to the minimum amount of bid that a buyer can bid. This is possible if a seller is…

Q: True or False: Households sell finished products to businesses.

A: Circular Flow Model describes how an economy works. It analyses the manner in which an economy flows…

Q: Imperfect markets meaning

A: Competitive market: - it is a market condition where there are many buyers and many sellers in the…

Q: Religion defines the ideals for life, which in turn doesn’t reflect the values and attitudes of…

A: The correct answer is given in the second step.

Q: what is entrepreneur? in your own words essay

A:

Q: are consumers who Ilke to avold changes and rely on traditional products untll they are no longer…

A: Continuous development of new items or upgrades to those currently on the market is a prevalent…

Q: People invest because they want to make money. True or false

A: Investment in anything has some purpose and expectation of positive return in terms of income or…

Q: Detail answer, please Q: Utilitarian theory is bad in itself. Give three examples Subject :…

A: Utilitarianism is determined as the most influential moral theory, which aims to provide a solution…

Q: Bobby has been recently hired to work on a highway construction crew for the summer.  The work is…

A: According to the question, Bobby was recently employed for the summer to work on a highway…

Q: In capitalist economy, does it project a fair price for the consumer?

A: There are various types of economy . Capitalist economy, socialist economy and mixed economy . Where…

Q: list of the ways competitiveness can affect the quality of life.

A: Quality manager that quality of life is inextricably tied to US companies' capacity to compete…

Q: The major benefit of socialism is that it creates strong incentives to work hard and take the risks…

A: It is a popular economic and political structure based on public ownership of the means of…

Q: Test- what is economics

A: Adam Smith’s Wealth definition:   According to Adam Smith, Economics is known as the science of…

Q: Which of the following can be affected by deception of numbers? (Select all that apply) Group of…

A: Deception, in general, is defined as presenting untrue or false information. It can be of various…

Q: Because the companies have a great deal of economic _______________ they can decide what products to…

A: Because the companies have a great deal of the ECONOMIC DEMAND they can usually decide what products…

Q: The main risk of linking KPls to incentives is that A Your KPIS may not be linked to your business…

A: The main risk of linking KPIs to incentives is that D. People may manipulate the KPIs as an…

Q: John leaves school with almost no qualifications. He has decided that he would like to work as…

A: Competency-based recruitment is a method of hiring that is based on a candidate's ability to provide…

Q: Giving money to poor family members as help is an example of:

A: Meaning of Social Welfare: The term social welfare refers to the situation under which the…

Q: Must some members of society receive greater rewards than others?

A: Labor productivity: - Labor productivity is the capacity or ability of labor to produce goods and…

Q: ________ endowments are the result of investments of people, companies and government, and are more…

A: Comparative advantage depends on the resources which are inherent in the country naturally. It is…

Q: BUSINESS OPPORTUNITIES CAN BE RECOGNIZED BY ENTREPRENEUR'S PRIOR EXPERIENCE. a. False b. True

A: In an economy, factors of production are needed to manufacture commodities and services, and…

Q: Although fiction isn't claiming to be True,it reveals truths about our world or the way (some)…

A: Fiction means that is related to somehow thought that may or may not be related to reality.

Q: in what will happen to the

A:

Q: Capitalism was originally a smear used by which socialist founder? A. Adam SmithB. Jean-Jacques…

A: Capitalism: It refers to the economic system depending on private property and free venture. No…

Q: Articles and books that were written thirty or even forty years ago can be included in the…

A: A review that includes a summary, overview, and evaluation regarding the current knowledge state…

Q: discuss/explain Transformational leadership.

A: Meaning of Managerial Economics: The term managerial economics refers to the process of a…

Q: Which of the following is not characteristic of capitalist thought?a. Private individuals have a…

A: Capitalist economy: - it is that economic system where the price, quantity, and types of goods and…

Q: Design an Ethical Organization, the "tone at the top" is a much more significant driver of…

A: Answer Explanation: According to the HBR article, “Most leaders intuitively acknowledge the…

Q: True or False: If you make sound financial decisions, you'll be able to live within your means. True…

A: Sound financial decisions are very important for a healthy and risk free life. It includes, making…

Q: How is profit defined under the Marxian and Neoclassical Schools of thought?

A: Marxian economics is a school of thinking based on Karl Marx's ideas, as the name indicates.Marx…

Q: Utilitarian value is an end in and of itself rather than a means to an end. a.  True b.  False

A: Utilitarian value is characterized as that esteem that a client/customer gets in view of an errand…

Q: Karl Marx referred to the business owners as

A: The struggle between social classes tends to define relations in an economy that would be leading…

Q: person. a) O TRUE b) FALSE

A: Foreign Exchange, or forex, is the change of one country's cash into another. In a free economy, a…