In rare cases, governments intervene when the production of imported goods or services is hampered by asymmetric information. Adverse selection and moral hazard.
Production is the process of combining different tangible and intangible resources to produce something for consumption. The act of creating a result, product, or service that has value and contributes to people's usefulness.
Production is the process of producing or growing something in large quantities. complete production. Manufacturing is the process of producing or growing something in large quantities. An example of manufacturing is automobile manufacturing. Cars are built by assembling parts. For example, rubber tires are added to the metal body to fit the seats before the car rolls off the assembly line. “Production is an organized activity that turns resources into finished products in the form of goods and services. The purpose of production is to satisfy the demand for such transformed resources.”
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All of the following are types of entities formed by companies except:__________
a) corporation merchandising
b) company partnership
c) sole proprietorship
classification of assets and liabilities indicate the appropriate classification of each of the following as a current asset, noncurrent asset, current liability, or long-term liability. accounts classification 1. inventory 2. accounts payable 3. cash 4. patents 5. notes payable, due in six months 6. taxes payable 7. prepaid rent (for the next nine months) 8. bonds payable, due in ten years 9. machinery
A liability account is a category on a company's books that indicates the amount it owes. A debit to the liability account means the company has less debt and a credit to the liability.
1. inventory - Current liability
2. accounts payable - current liability
3. cash - current liability
4. patents - current assets
5. notes payable, due in six months - non current liability
6. taxes payable - current liability
7. prepaid rent (for the next nine months)- non current liability
8. bonds payable, due in ten years - non current asset
9. machinery - non current asset.
Liabilities recorded on the right side of the balance sheet include loans, accounts payable, mortgages, deferred income, borrowings, guarantees, and accrued expenses. Liabilities can be compared to assets. Debt refers to what you owe or what you owe. Assets are things you own or owe to you.
The Liability Account is used to store all legally binding liabilities to third parties. Liability accounts appear in the company's general ledger and are grouped under the Liabilities section of the balance sheet. Expenses and liabilities may seem like interchangeable terms, but they are not. Expenses are what your business pays each month to raise operating capital. Liabilities, on the other hand, are obligations and liabilities to other parties.
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A company has unearned revenues on its books. If the company fails to record a year-end adjusting entry for unearned revenues, then its financial statements.
If the company fails to record a year-end adjusting entry for unearned revenues, then its financial statements should understate revenue and overstate liabilities.
Due to failure of record a year end adjusting entry for unearned revenue, the liabilities in the book is higher than its actual balance and revenue value is lower than its actually earned value.
Unearned revenue is defined as the revenue which is received in advance but goods and services is not delivered yet.
If the entry is not recorded , then revenue should be understated because it is not revenue but income received in advance, therefore it is liability for the company to deliver goods or services . After delivering of goods and services, the revenue the liability will de decreased and revenue will be recorded.
If the goods or service is not delivered within 12 months then it is recorded as the long term liabilities in the balance sheet .
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An example of a country in which perceived organizational support is not as important because of high power-distance would be ________.
Example of a country in which perceived organizational support is not as important because of high power-distance would be China.
China's income is currently higher than that of the middle class. Future efforts to eliminate poverty must prioritize addressing the vulnerabilities faced by the sizable population still categorized as poor by middle-income nation criteria, especially those living in urban areas.
Only a few of the reported human rights crimes include coercive population control methods, forced labor, arbitrary detention in internment camps, torture, physical and sexual assault, mass surveillance, family breakup, and repression of cultural and religious expression.
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treasury regulations come in three forms: regulations have been issued in their final form and represent the treasury's interpretations of the code; regulations have a limited life but carry high authoritative weight; and regulations, which have the lowest authority.
There are three types of Treasury regulations: proposed regulations, which have the least power, temporary rules, which are released in their final form and represent the Treasury's interpretations of the Code, and final regulations, which have been published in their final form.
What is Treasury regulations?The IRS, a division of the US Department of the Treasury, publishes tax rules under the name "Treasury Regulations."One source of U.S. federal income tax law is found in these rules, which serve as the Treasury Department's official interpretations of the Internal Revenue Code.The Internal Revenue Services' (IRS) rules, often known as treasury regulations or tax regulations, serve to interpret the Internal Revenue Code (IRC).The Code is the cornerstone of all tax law and the most reliable source. Given how challenging it is to understand and use, the code is not particularly well known. The Internal Revenue Code is to be interpreted by Treasury Regulations.To know more about laws and regulations, refer to the following link:
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Match the academic requirements with the careers.
-training -Ph.D. -bachelor’s degree
-anthropologist
-telecommunications technician
-network administrator
The academic requirements as well as the training required has been grouped below:
anthropologist: Ph.Dtelecommunications technician: trainingnetwork administrator: bachelor’s degreeWhat is a work requirement?This is the term that has to do with the job requirement that is needed for specific disciplines. That is the amount of training and the level of training that is required to be experts in the careers that have been chosen by the specialists.
Hence we can say that The academic requirements as well as the training required has been grouped below:
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In accordance with the policy of _____________________________, countries attempted to create a favorable balance of trade & increase hard currency in their treasury.
In accordance with the policy of mercantilism, countries attempted to create a favorable balance of trade & increase hard currency in their treasury.
What was mercantilism?Mercantilism was an economic theory that was followed by the European nations during and after the Age of Exploration.
It called for nations having a favorable balance of trade as well as more hard currencies in their treasuries. This came out of the belief that the amount of resources on Earth were finite and so nations had to accumulate as much resources as they could before these resources ran out.
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Which is a feature of debit cards?
a. They are a primary component of your credit score.
b. They can be used to pay off large purchases over time.
c. They provide direct access to your checking account.
d. They are the most secure form of payment.
A feature of debit cards is that c. They provide direct access to your checking account.
What are debit cards?A debit card is a card that allows you to access the money that you have in your checking account.
This means that when you spend on something using your debit card, it would be deducted directly from your checking account. This includes debit card costs as well.
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carolina land trust purchases private land for clean waterway conservation. a benefactor invested $1,000,000 for 15 years and gave the principal and accrued interest of $1,200,000 to the trust. (a) what simple interest rate did the investment earn? (b) had the interest being compounded annually at that rate, what would have been the value of the gift?
a. The Investment earned the simple Rate of 1.33%per annum ( Per year)
b. The value of gift = $1219190
How the simple interest rate and value of the gift should be calculated?a . Amount = principal + interest
1200000 = 1000000 + interest
Interest = 1200000 - 1000000
Interest Expense = $ 200000
simple interest Rate (per year) = (Interest expense *100)/
(principal * Time period in years)
= (200000 *100)/(1000000*15)
= 20000000 / 15000000 =1.33%
The Investment earned the simple Rate of 1.33%per annum ( Per year)
b. value of gift (Apply compound interest formula) =
= 1000000 [tex](1+0.133)^{15}[/tex]
= 1000000 *[tex](1.0133)^{15}[/tex]
= 1000000 *
The value of gift = $1219190
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If a store runs out of advertised material during a sale, customers become upset, and the store loses not only the sale but also goodwill. From past experience, a music store finds that the mean number of cds sold in a sale is 845, the standard deviation is 15, and a histogram of the demand is approximately normal. The manager is willing to accept a 2. 5% chance that a cd will be sold out. About how many cds should the manager order for an upcoming sale?.
The number cds should the manager order for an upcoming sale is 2.93.
Demand is the number of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to buy a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
(a)μ=845, =√225=15
P(X<x)=0.025
P((X-μ)/σ<(x-845)/15)=0.025 > P(Z<(x-845)/15)=0.025
(x-845)/15=-1.96 (check normal table)
x=845-1.96×15=815.6/816
(b)P(Z< (29-μ)/σ)=0.02
(29-μ)/σ= -2.05(check normal table)
29-μ= -2.05σ. (1)
P(Z<(41-μ)/σ)= 0.98
(41-μ)/σ= 2.05(check normal table) 41-μ=2.05σ (2)
(2)-(1): 12= 4.1σ
σ=12/4.1= 2.93
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What is the term for a problem-solving model in which a task that cannot be performed by one person is outsourced to a large group or community?.
The word "crowdsourcing" refers to a method of problem-solving when a work that cannot be completed by one person is outsourced to a sizable group or community.
What is outsourcing?Businesses utilise outsourcing to reduce labour expenses, including staff pay, overhead, equipment costs, and technology expenditures.Enterprises can utilise outsourcing to scale back operations, concentrate on their core competencies, and offload less important tasks to other companies.On the negative side, when several parties have access to sensitive information, communication between the organisation and outside suppliers may be challenging, and security risks may increase.Some businesses use outsourcing as a means of rearranging their financial sheet.When it comes to paying taxes, outsourcing personnel, such as using 1099 contract workers, can help the business.To know more about outsourcing , refer to the following link:
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jane was recently hired out of college as the director of event marketing for the anystate lottery. although jane’s father was a compulsive gambler and she received several better paying job offers, she decided to take the lottery job because she is a strong supporter of education and 50 percent of lottery sales go to supporting public education. her family was against her accepting the job.
A good marketing plan takes an hour. We live in an era of technology that has made spreading news very easy. There are numerous social media sites and alternative media with a large presence. During that time, leveraging email marketing and exploring the power of social media has become very important.
Anystate Lottery may use social media and email marketing to target prospective customers. This allows organizations to reach large numbers of people at a much lower cost than traditional advertising channels. This type of marketing also helps organizations create personal connections with existing and potential customers. Actively focusing on prospects is key to the success of any business. And similarly, Jim decided to target the hometowns of most of his clients. And there is nothing wrong with that. Every organization wants to capture the attention of its patrons and does not violate its business ethics by doing so.
From the information provided in the case study, it is clear that it is very important for the whole team to work together for the success of the new lottery craze. For James and his team to be productive, Jim and Sal also need to play an active role. They need to clearly identify their goals and try to negate previous approaches that have not produced good results. should also be able to run targeted campaigns.
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tamir if i choose a credit union or traditional bank can i stell access my account online on my phone or do i need to choose a online-only bank for that
If you choose a credit union or traditional bank, you can access my account online on my phone.
What is better an online bank or a credit union?While banks' mobile apps and web technology tend to be more sophisticated, credit unions often provide lower fees and better interest rates on savings accounts and loans. Nationally, banks frequently have more branches and ATMs.
The primary distinction between a bank and a credit union is that the former is a nonprofit organisation, while the latter is a for-profit business. The primary financial services provided by a credit union, such as loans, checking accounts, and savings accounts, are also provided by conventional banks.
Similar to banks, credit unions offer a wide range of financial services, including accepting deposits and making loans. However, credit unions, which are member-owned and cooperative organisations, offer a secure environment for saving and borrowing money at fair rates.
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what is a business function that moves information about people, products, and processes across the company to facilitate decision making and problem solving?
MIS is a business function, such as accounting or sales, that moves information about people, products, and processes within an organization to facilitate decision-making and problem-solving.
Management information systems are information systems used to make decisions and coordinate, control, analyze, and visualize information in an organization. Management information systems studies include people, processes, and technology in an organizational context.
Management Information Systems (MIS) is the study of people, technologies, organizations, and the relationships between them. MI experts help organizations maximize their investments in people, equipment, and business processes. MIS is a people-oriented industry with a focus on technical support services. A Management Information System (MIS) is a computer system of hardware and software that serves as the backbone of an organization's activities. MIS collects data from multiple online systems, analyzes information, and reports data to support business decisions.
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a written document that acts as a guidebook of marketing activities for the marketing manager is known as the . group of answer choices strategy document marketing plan vision statement mission statement
A written document that acts as a guidebook of marketing activities for the marketing manager is known as marketing plan.
What Is Marketing?Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.Professionals who work in a corporation's marketing and promotion departments seek to get the attention of key potential audiences through advertising. Promotions are targeted to certain audiences and may involve celebrity endorsements, catchy phrases or slogans, memorable packaging or graphic designs and overall media exposure.To learn more about marketing, refer: https://brainly.com/question/14083500?referrer=searchResults
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For each of the following changes in the market for apples, explain why demand will increase, decrease, or remain unchanged.
The price of peanut butter (a complement) increases.
Consumer incomes increase (and apples are a normal good).
It is confirmed scientifically that an apple a day DOES keep the doctor away.
The price of apples decreases.
A disease affecting apple trees causes people to expect that there will be no apples next year.
The following changes would lead to an increase in demand:
Consumer incomes increaseIt is confirmed scientifically that an apple a day DOES keep the doctor away.A disease affecting apple trees causes people to expect that there will be no apples next year.The following changes would lead to an decrease in demand:
An increase in the price of peanut butter.
The following change will not affect the demand for apple:
The price of apples decreases.
What is a change in demand?There is a change in demand when other factors other than the price of a good affects the demand for a good. If it is expected that the quantity supplied of apples would decline next year due to a disease, people would want to stock up on apples today. This would lead to an increase in demand for apples.
A normal good is a good that has a positive relationship with the income of the consumer. If the consumer's income increases, the demand for apples increases.
A complement good is a good that is consumed together with another good. If the price of peanut butter increases, the quantity demanded of peanut butter increases while the demand for apples decreases.
If it is proven that consuming apples have health benefits, people would increase their consumption of apples. This would lead to an increase in the demand for apples.
A change in the price of apples, would lead to a change in the quantity demanded for apples.
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omar and nadia are a newly married couple. they work in multinational companies. omar receives a job offer from an overseas company. as a result, they are required to relocate abroad. nadia has to decide if she wants to stay back and continue with her current job or move abroad with her husband where she will have limited job opportunities. in this scenario, after arriving at a decision, nadia can reduce her dissonance by:
Nadia can lessen her dissonance after making a selection, according to the stated statement, by upgrading her choice.
The correct option is A.
What exactly do you mean by "decision-making"?The process of choosing choices after identifying a decision, acquiring information, and evaluating possible answers is known as decision-making. By collecting important information and identifying options, a step-by-step decision-making process can aid you in making more careful, meaningful decisions.
What is the significance of decision-making?Strong decision-making helps speed up problem resolution as well as elevates decision-makers to the status of leaders.. Strong decisions should have been unbiased and free of any emotional effects that can cause us to ignore flaws. Such decision-making should be transparent and reasonable as well.
What is meant by decision-making ability?Definition of decision-making abilities: The ability to choose between two or more choices in order to achieve the best result in the least amount of time.
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I understand that the question you are looking is:
Omar and Nadia are a newly married couple. They work in multinational companies. Omar receives a job offer from an overseas company. As a result, they are required to relocate abroad. Nadia has to decide if she wants to stay back and continue with her current job or move abroad with her husband where she will have limited job opportunities. In this scenario, after arriving at a decision, Nadia can reduce her dissonance by:
A. upgrading her choice.
B. pondering the negative aspects of what she chooses
C. evaluating the positive aspects of what she does not choose.
D. downgrading her husband's choice.
the managerial function that involves defining the organization's goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities is
The managerial function that involves defining the organization's goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities is Planning.
What is planning in business?Planning in companies can develop into a management process that focuses on identifying objectives for a future course of action and selecting the tasks and resources necessary to carry them out. Managers may create strategies, such as a company plan or a marketing strategy, to achieve the goals. There is always a reason to plan. The achievement of specific objectives or goals, such as the effective use of resources, the mitigation of risk, the expansion of the organization and its assets, etc., may be part of the purpose. According to Management Study Guide, planning aids a company in determining its objectives. Business leaders can think about the influence they want their organization to have and figure out how to get there by planning for the future.Learn more about the business planning with the help of the given link:
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suppose a country has 100 westerners and 100 easterners. a westerner can produce either 6 units of food or 2 units of national defense; an easterner can produce either 2 units of food or 1 unit of national defense. according to the data, ▼ have a comparative advantage in the production of defense. suppose this country has decided it wants to produce 60 units of defense.
According to the data, "easterners" have a comparative advantage in the production of defense. Let this country has decided it wants to produce 60 units of defense. In this case, the country will have more food to consume if the "easterners" produced these 60 units of defense.
You should have anticipated this answer because "the easterners have a comparative advantage in the production of defense.
Defense is the use of force to prevent someone from attacking you. After years of abuse, the women acted in self-defense. Uncountable nouns. Self-defense is the act of protecting yourself from bad things. Defense is the security and defense of a sovereign state, including its citizens, economy, and institutions, and is considered a state task.
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A substitute in production is a good that is _____ another good, and a complement in production is a good that is _____ another good.
A substitute in production is a good that is produced in place of another good.
A complement in production is a good that is produced together with another good.
What is a substitute in production?A substitute is also called as substitutable good. According to consumer theory in economics it is referred to as a product or a service that consumers view as essentially the similar-enough product to another product. In a nutshell, a substitute is a good that can be used in place of the another.
What is a compliment in production?Complements are those goods that are normally consumed together. Substitutes are those goods which are consumed in place of the other. The prices of substitute goods or complementary also shift the "demand curve".
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What is the latest stage during which a buyer can terminate the buying decision process?.
Purchase is the latest stage during which a buyer can terminate the buying decision process.
Post-purchase evaluation. This is the last step and is most often ignored by marketers. After purchasing a product, the customer compares the product to expectations. The consumer decision-making process involves five main steps. The process by which consumers evaluate their purchasing decisions. Recognize the problem, search for information, evaluate alternatives, make a purchase decision, and evaluate post-purchase. This is the first step in the purchasing process where the consumer is aware of the problem or requirement that must be met. Needs can arise from both internal and external incentives. The final step in the decision-making process is to implement the chosen alternative. Problem solving is the act of defining a problem. to determine the cause of the problem; identification, prioritization and selection of alternatives to solutions; and solution implementation.
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Harper loves adidas apparel for its style and comfort. She needs running pants and purchases a pair with the adidas logo. This is an example of which type of purchase decision?.
I think the answer is Limited Problem Solving
Help! Logistics is________.
Answer:
the detailed coordination of a complex operation involving many people, facilities, or supplies.
"the logistics and costs of a vaccination campaign
A friend says, "eh, i’ll just open an account at my parents’ bank, and i’ll switch later if i don’t like it. " does this sound like a good strategy to you? why or why not?.
Yes, the said banking perspective is a good strategy because continuing or using for some time your joint account with parents or family will help one to understand banking at a familiar pace and later when one opens an individual account, it helps.
Similar to a regular banking account, a joint account performs the same responsibilities, but it is owned by two or more persons. To combine your funds together, you can utilize a joint account. This helps with both saving—you may save for common objectives like a new house or vacation—and spending. In banking, a joint account is one that has been created by two or more people or organizations. However, it may also be utilized in other situations, including by a club committee. Joint accounts are typically formed by close family or business partners.
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Yum inc., a food services company, provides door-to-door delivery of its products. the company partners with a packaging company for transporting its goods to the customers. this is an example of?
Yum inc., a food services company, provides door-to-door delivery of its products. the company partners with a packaging company for transporting its goods to the customers. this is an example of Outsourcing.
This is further explained below.
What is Outsourcing?Generally, Outsourcing is often used by businesses so that they may concentrate their efforts on their primary business activities. In addition to that, it helps cut down on expenditures associated with labor, among other things.
In conclusion, Yum Inc., which is in the business of providing culinary services, delivers its wares directly to customers' homes.
The corporation has a strategic alliance with a packaging company to ensure that its products are delivered to their respective clients in pristine condition. This is an illustration of the practice of outsourcing.
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What type of entrepreneurship focuses on preservation of nature, life support, and community in the pursuit of perceived opportunities to bring into existence future products, processes, and services for gain, where gain is broadly construed to include economic and non-economic gains to individuals, the economy, and society?.
Sustainable entrepreneurship focuses on protecting nature, life support, and communities while pursuing opportunities to realize and profit from future products, processes, and services. Benefit is broadly interpreted to include personal, economic and social economic and non-economic benefits.
The relationship between sustainable development and entrepreneurship is referred to as "sustainable entrepreneurship." Entrepreneurs want to solve real problems for the market and want to be change-makers who see and seize chances for sustainable growth. In order to explore the junction of economic, social, and environmental sustainability, this chapter discusses three popular conceptual views.
The fundamental tenet that links all three viewpoints is that business operations undertaken by entrepreneurs for financial gain must not have a negative impact on the social and ecological ecosystems in which they operate. As a result, we provide research results on sustainable entrepreneurship in practice and place special emphasis on the role of community and multiple goals as crucial procedural elements in advancing the Sustainable Development Goals.
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The department of justice charged almost 50 people with a scheme to defraud the government for $250 million meant to go to __________________________________.
The justice department has charged nearly 50 people with a scheme to defraud the government of $250 million intended to feed children in need in Minnesota during the COVID-19 pandemic.
In general, the definition of corruption is an act of abuse of position or authority carried out by an official for personal gain. Another opinion says that the definition of corruption is a dishonest or fraudulent behavior for personal gain by those in power, and usually involves bribery. Corruption can also be defined as an act of abusing one's trust in a matter or organization in order to gain profit.
The factors that cause corruption are as follows:
Greedy natureConsumptive lifestyleEconomic factorsPolitical factorsOrganizational factorsLegal factorYou can learn more about corruption here brainly.com/question/15270178
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1. Give an example of change in number of consumers
2. Give an example in consumer tastes and preferences
In economics
The consumer will change if the demand of product will increase or decrease.
What is the meaning of consumers?
The consumer are the people who buys or sells good for own use. The consumer number will change depending upon the demand of products. If the demand increases then the number of consumer will increase.
If demand of the product decreases then the consumer number will decrease. Economy will not work without consumer.
The demand will affect by some of the factors such as Income, consumer preferance, price and buyer's expectations. Demand of the product depend on the supply of products.
Therefore, The consumer will change if the demand of product will increase or decrease.
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
The classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
More about social responsibility:
Leaders and managers are professionals, and according to Milton Friedman's "Classical View of Social Responsibility," whose social responsibility is to limit profit. He said that operating the company in the owners' best interests should be their top focus.
According to social responsibility philosophy, people and companies should strive for the development of society as well as financial success. The classic and socioeconomic versions to the social responsibility thesis are at odds with one another.
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Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's:_____.
If Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's: infrastructure.
What is infrastructure?Infrastructure can be defined as the defined as facilities or basic amnesties that essential for a country or nation to have and example of this infrastructure are good roads, airport, highways etc.
Based on the scenario the 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track are all description of infrastructure .
Therefore If Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's: infrastructure.
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