What is the difference between a for profit and nonprofit business?

Q: What is the socio-cultural environment of business in colombia?

A: The socio-cultural environment might be defined as all the social surroundings that influence the…

Q: List three different religions and provide examples of how they affect business practices.

A: Hinduism: The belief in this religion that customers are king and they should be treated…

Q: Define and discuss free enterprise and define and discuss profit motive?

A: Free enterprises are also known as free markets.

Q: what is the economic loss

A: In economics, loss is defined as the difference between the expenses incurred and income earned. The…

Q: What in your view has led to an increase in the level of organisational competitiveness in modern…

A: Different economic enterprises compete for commodities that are limited by adjusting the parts of…

Q: Reasons why intellectual property laws might hinder innovation in some cases?

A: It is important to protect the innovation and creative work of people. The intellectual property…

Q: What are the three sectors in our society? How does each sector generate revenues? What are the…

A: The three sectors in our society are: (i) Primary sector (ii) Secondary sector (iii)…

Q: what does Adam Smith mean by “self-regulating

A: Adam Smith in his book called "The Wealth of Nation" published in 1776 has described the…

Q: What changes took place in the corporate organizations in the late 19th century, and how did these…

A: The late 19th century mainly in US is associated with the boost in the industrial output and plants…

Q: What market structure best describes the environment within which your organization…

A: Market structures define the structural characteristics of a given market which is in regard to…

Q: Why does the goal of efficiency conflict with equity?

A: Efficiency is defined as the practice of using the resources to the maximum economic benefit. It…

Q: In what ways are profit-maximizing and lossminimizing the same? In what ways are they different?

A: The goal of almost all the firms is to maximize the profits. A firm can maximize the profits by…

Q: How do you think the supply chain expanded into an online business can improve the performance of…

A: A digital supply chain can assist an organization with reinforcing its plan of action (for instance,…

Q: According to Theodore Levitt, in terms of an organization's business, railroads lost market share in…

A: Theodore Levitt criticised the management of American railroads in 20th century.

Q: hat initiatives are useful in improving profits?

A: Since businesses are experiencing different types of fundamental transformations due to…

Q: Examples of Rational, Natural, Open System, Public, Profit and NonProfit Organizations?

A: Answer - Rational Organizations :- These are the organization which formed or work to achieve a well…

Q: What are the Budgets, growth and development of an air courier service as a business.

A: Major budgets Labour and fuel expenditures are the two most significant expenses that airlines face.…

Q: What will be the socioeconomic impact of your business to your community?

A: The study of how social processes shape and are shaped by economic activity is known as…

Q: What advantages does the Cotton Gin have over previous technologies?

A: A cotton gin is a machine that separates cotton fibers from their seeds fast and efficiently,…

Q: What is a corporate evaluation? What is the importance of corporate formulation?

A: Answer is given below

Q: Do you feel a business’ primary responsibility is to make a profit, or do you feel there is some…

A: The primary responsibility of business is not only to make profits but there are certain other…

Q: The following data refers to the number of logging operations working in a stretch of tropical…

A: Hey champ, Welcome to this platform. Here you will get the answer with better quality in minimum…

Q: What is Organization in terms of business?

A: In business, organization is an institution or an entity which consists of one or more than one…

Q: What are the importance of awards and quality certifications in business organizations?

A: Awards and quality certifications increase the brand of the business organization. For the…

Q: What is Enterprise example

A: ‘Enterprise’ refers to a project or undertaking, which is difficult, complicated or risky. It is a…

Q: annual benefits from the company a revenue?

A: Revenue refers to the entire amount of money earned through the sale of goods and services related…

Q: Why is most business activity conducted today in hierarchical organizations rather than in markets

A: Hierarchial organizations are those which are organized in a manner in which we can go from top to…

Q: What differentiates an entrepreneur from a small-business owner?

A: Entrepreneurs are those who launch new businesses, bearing the bulk of the risks and getting the…

Q: What Is Sustainability and Diversity Objectives?

A: The aim of sustainable development is to balance our economic, environmental and social needs,…

Q: What is the biggest industry today.

A: An industry is known as the branch of economy that produces raw material, goods, or other services…

Q: how can young budding entrepreneurs compete with older, more experienced entrepreneurs? is it enough…

A: An entrepreneur is a person who starts a new company and bears the most of the risks while reaping…

Q: Discuss the key elements of managing social response by a business organization in the Societal…

A: Social responsibility in terms of business pertains to individuals and organizations as a whole for…

Q: What are the four forms of business?

A: There are mainly four type of business forms.

Q: How does a corporation exploit the term "sustainable" in their pursuit for profit?

A: Sustainability means fulfilling our current needs without compromising future generations' capacity…

Q: s of an organization (e.g.Daraz) and identify relevant e-business systems (or modules) that can…

A: The five challenges of an organization and solutions are : 1. Poor communication : E-business has in…

Q: What can financial ratios tell us about the performance of organizations?

A: Ratio analysis is used to know about the liquidity of the company.

Q: If a company cannot succeed while also providing fair working conditions and operating in a…

A: At the marketplace, companies enter the market with some strategies, techniques and their unique…

Q: Define Technology?

A: Technology means developing machinery and equipment from the application of scientific knowledge. In…

Q: What are the key features of a social enterprise?

A: ‘Enterprise’ refers to a project or undertaking, which is difficult, complicated or risky. It is a…

Q: 1. According to Robert Reich, what is the goal of a business? a. Preserving the environment b.…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: What is not a means or medium of communication?

A: The sending and receiving of verbal or written communications between people and places is known as…