Business Management questions and answers

1. What is the fundamental goal of production line? Do whole organizations serving this goal?The fundamental goal of stemma is to form a profit. Not only organizations sh ar this goal because they ar not-for-profit organizations. 2. Name the forms a product may take and run short some examples of each. The forms a product may take argon tangible and intangible. Tangible goods ar computers, clothing, automobiles, and food. Intangible goods atomic exit 18 go or ideas made by people. 3. Who are the main participants of line? What are the main activities? What other factors have an equal on the conduct of pedigree in the United States?The main participants of business are employees, customers, and accepters. The main activities are management, marketing, and finance. The other factors that have an equal on the conduct of business in the United States are economic systems, the free-enterprise system, the concepts of supply and demand, and the role of competition. 4. Wha t are quartette types of economic systems? Can you provide an example of a hick using each type?The four types of economic systems are Communism, Socialism, capitalist economy, and Mixed Economies. China uses communism in the way that the judicature body owns and operates everything. India uses socialism in the way that individuals only own depressed businesses and the government owns and operates all major industries.

The United States uses Capitalism in the way that all individuals own and operate all businesses. 5. beg off the terms 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 dish out at opp! osite prices at a specific time. solicit is the number of goods and go that consumers are willing to buy at different prices at a specific time. Equilibrium price is the price at which the... If you want to get a blanket(a) essay, order it on our website: OrderEssay.net

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