What basic economic models and analytical approaches should managers use to understand, among a multitude of details, data and figures, how business conditions impact chances and constraints?

Q: critically analyse the role of business in society, highlighting the impact of private enterprise in…

A: Business is significant because it is the foundation of all social activities. The primary purpose…

Q: Approximately what percentage is economically recoverable?

A: economically recoverable The percentage of technically recoverable elements which could be generated…

Q: Why does cost of capital play an important role in decision-making?

A: The cost of capital is used as a benchmark for comparing different business decisions. It's a handy…

Q: What models does Gary Becker use to justify and explain human capital and why economics should focus…

A: The late Professor Gary Stanley Becker (1930-2014), was one of the early and key theorists of "the…

Q: Explain the effects of business and industry on the following socioeconomic factors? 1. Education-…

A: Socioeconomic factors are the combination of society and economic factors that come together to…

Q: What principle states that natural systems should remain intact whenever possible? Group of answer…

A:

Q: Create a draft business model for the venture using the elements of the business model

A: Drafting business model for Company X: The draft business model for company X contains the following…

Q: Who will be interested to see your Business Model Canvas ? I. Accountant II. Funder…

A: A business model canvas is considered by the term of a one-page summary that describes the…

Q: Can innovation and new production technologies delay or stop the occurrence of diminishing returns?

A: Diminishing returns The diminishing returns is very much an economic principle that states that when…

Q: Administrative Office Management is used in Economics?

A: Office management is the strategy of arranging, putting together, planning and controlling office…

Q: 80 1 100 2 118 3 140 What is the value of TFC when 1 unit of output is produced? (а) 100 (b) 80 (c)…

A: Total fixed cost (TFC) Constant always

Q: How does shielding employees and suppliers from business risk help to improve economic outcomes? Who…

A: The procedure of safeguarding workers from the risk assist/helps an investor to obtain the suppliers…

Q: Potential output is the most that can be produced in an economy at a particular point in time.…

A: Potential output is the highest level of output, an economy can sustainably produce and sell using…

Q: Explain the factors within the economic environment affect business?

A: Factors within economic environment that affect business are as follows 1.Market conditions It…

Q: Why Do Firms Choose Acquisition Versus Greenfield Investments?

A: Acquisition and Greenfield Investments are the two ways in which a company can enter into a foreign…

Q: 12 Analyze the challenges of 21st century global leaders in business

A: Entrepreneurial social science is that the study of the enterpriser and entrepreneurship at…

Q: Crop Insurance in the Philippines Only a few farmers are able to pay their loans every time their…

A: Crop Insurance Crop insurance is a sort of insurance that protects agricultural producers against…

Q: if you had to choose to be either an entrepreneur, an intrapreneur, or an employee right now, which…

A: An entrepreneur is a person who starts a business by taking risks in hoping to return of profit.

Q: Please explain, how general economic conditions can impact on business decisions. Differentiate…

A: The business cycle is divided into four stages: prosperity, recession, depression, and recovery.The…

Q: what are the four factors of production and their earnings and  explain their main characteristics…

A: The factors of production are the resources both natural as well as man made used in the process of…

Q: What would the short-run and long-run implications be due to the economic climate if the Indonesian…

A: Indonesia is essentially a developing economy with ample potential for growth and development.

Q: Do you see any problems in economic resources being distributed globally? If yes, what? How? Can you…

A: Economic resources or the factors of production represent the various inputs that firms use to…

Q: Do you feel that overall technology positively or negatively impacts the economy? Cite two…

A: Production function of a firm shows the technical relationship between output produced and inputs…

Q: What are the arguments for and against making a distinction between leaders and managers?

A: Many wonder about the differences between a leader and a manager. This is a current topic of debate…

Q: How does socio-cultrual environment affect business decision-making I Give a brief social culture.…

A: The collective beliefs, practises, and behaviours of a society make up its social environment. When…

Q: All but WHICH one of the following policies would promote sustainable development?

A: GIVEN   WHICH one of the following policies would promote sustainable development is

Q: Explain UK small business with appropriate examples

A: A small company is one that operates on a small scale and requires less capital investment, fewer…

Q: The Norway spruce trees that are grown in Christmas tree farms are considered? A. Land B. Capital C.…

A: The measure that depicts resources or inputs that are being used in process of production for…

Q: Which of the following would a Laissez-Faire economist advocate in a time of economic recession

A: Laissez-faire economist advocate complete freedom of firms.

Q: Define the term short-term investments?

A: The investment is a practice of investing money with the expectation of some future benefit or…

Q: Sustainable Development Goals (SDGs)

A: Sustainable development: It is an economic approach or planning that will help in the development of…

Q: Which of the following terms is viewed by some economists as "contradictory"?  Group of answer…

A: Sustainable development refers to the development that causes less or no damage to the natural…

Q: A company might divest or reduce its investment because of ________. A) political problems B)…

A: A divestiture is a business unit's sale, exchange, closure, or bankruptcy. Because the business unit…

Q: What is the meaning of economic dynamics and what is iys significance and importance?

A:

Q: A car used as a taxi is a capital good  True/False

A: First of all we must understand what are capital goods and what are consumption goods. The goods…

Q: What is an intertemporal choice? What does it show on a budget constraint?

A: Intertemporal choice describes about the how the current decisions of individual affect what options…

Q: Please provide a summary of these key points

A: Macroeconomics is the study of large-scale or general economic factors such as interest rates and…

Q: After the Second World War the economy of Japan was devastated. Currently it is considered the…

A: Japan was significantly impacted by the Second World War as it was devasted, but it recovered…

Q: Successful business managers have a good understanding of the environment in which the business…

A: Internal factors  that can affect any business can include: 1- Communication and interaction among…

Q: Which of the following is required to create a sole proprietorship? a) Nothing b) An intention…

A: In economics, business is defined as a sector that helps in the development of the economy and the…

Q: Why is it important for business leaders to be aware Marco economics.

A: MACRO ECONOMICS- macro economics is concerned with the problem of economy at aggregate level,…

Q: How micro economics help inefficient business decision making? Give real life examples( hint: you…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Which one of the following is not a reason to purchase globally?   A. Product availability   B.…

A: Procurement means to purchase goods and services for the business purposes. Nations purchase form…