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How does business decisions determine jobs that you and other wage earners have?
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A car manufacturer may regard his business as highly competitive because he is keenly aware of his rivalry with the other car manufacturers in the market when making pricing and investment decisions?
Oligopoly structure
Example SWOT analysis of a funeral home?
An example of a SWOT analysis of a funeral home would be a study that defines the pros and cons of business decisions. It will also list possible rivals for business opportunities, such as other funeral homes within a given area.
How does inflation affect the balance of payments?
Inflation affects low income earners more than high income earners. This is because low income earners' income tends not to rise as quickly as prices, therefore, their purchasing power decreases. Also, low income earners do not have the skills to demand higher wages. It should be noted that high inflation generally leads to interest rate increases. This affects low income earners' cost of living and compounds the other affects of inflation. So, inflation decreases purchasing power of low income earners relative to high income earners, whose income increase as quick as inflation. Ultimately, income distribution becomes less equal.
Government makes some economic decisions individuals and companies make other decisions?
Mixed economy.
Why entrepreneurs is a principal actor in production?
IT IS A PRINCIPAL FACTOR IN PRODUCTION BECAUSE 1. The efficiency of other factor of production depends on him 2. The entrepreneur takes the basic decisions concerning the business entreprise 3.He co-ordinates and organises all other factors of production.
How many 100000 dollar earners in primerica?
Close to 2,700 100k a year earners. More then any other Company.
What are the advantages of a partnership business?
There are a number of advantage of partnership business. The process of making decisions is shared, there is also shared liability in the business among other things.
Characteristics of production and operations management decisions?
Making decisions that help make business more efficient are part of production and operations management. Other characteristics include conscientious and tactical decisions.
Top 3 percent of earners in America?
Yes, there will be top 3% of earners in America as well as in any other continent, country, region or city.
How are decisions and the decision processes for business markets similar to those of consumer markets?
The question needs to be narrowed a bit. A distinction must be made to differentiate between the meaning of business decisions and decision processes. All business decisions are made through a formal or informal decision making process. Since the primary objective of a business is to maximize profitability, the decision process as it relates to that objective would be to assess the decision options and associated risks.The decisions and decision processes of consumers, on the other hand, can also be defined in economic term. I am assuming that the question relates to consumer purchase decisions based on product utility received by the consumer and price paid by the consumer. The consumer would normally go through a purchase evaluation process to determine if the product price justifies the utility that the consumer will enjoy.In this context, there is some similarity between business and consumer market decision making processes in terms of the economic benefit to be gained by the decision makers: profit maximization for a business and product utility maximization for a consumer. Both types of decisions involve risks and opportunity costs for both business and consumers.
What differentiate strategic decision from other types of decisions?
Strategic decisions can be distinguished from other types of decisions because it is:Rare: we dont make strategic decision very often.Consequential: is has a future impact on our business in the long term.Directive and binding: the strategic decision we make today will be directed to certain goal and vision, and we will be committed to it.
Who has the most 100k earners?
Primerica tells this to prospective recruits to mislead them into thinking they have more 6 figure earners than any other employer. This is untrue. The US Gov't has more 6 figure earners on its pension (retired) than Primerica has. JP Morgan Chase is the correct answer. Thanks
Why information system are essential to business?
Information system are essential to business for various reasons. Such systems are used for data analysis and evaluation which will help a business in making critical decisions and strategic plans among other things.
What is the importance of information to a business organization?
Information is incredibly important to a business organization. To compete with other businesses, sell a product and make a profit, a business needs detailed information about assets, cash flow, consumer markets, payrolls, and many other business related subjects. All of these subjects relate back to making money for the business, and better information allows the business to make better decisions.
How business market differ from consumer market?
Business market differ from consumer market in terms of how decisions are made, and the size of purchases. Existence of experienced purchasers and number of buyers are the other differences of the two market types.
How would you manage a small business to ensure success?
Obvious the only way to run any business is to know Jesus Christ in all your choices and decisions. After this all other things will automatically fall in place to ensure success.
Pick one environmental challenge. How might this environmental challenge shape business decisions and how can HR best support What other contextual factors may link with this environmental factor and what are the implications for future planning?
keep other environmental factors same.d
