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What is the ability of customers to drive down the price of goods and services?
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Is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?
Me
What is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?
business is a bad thing so leave it
What are the two concerns in economic stability?
Simply put, the availability of resources (goods and services), and adequate ability to afford said goods and services with adequate room and ability for them to grow as necessary.
What is trade policy?
Trade policy explains the way we can get goods and services to the customers.
For whom do you produce goods and services?
That's easy, you produce them for customers.
Is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?
Me
What is difference between a company and co-operatve society?
A company is owned by shareholders and provides goods or services to customers. A co-operative is owned by the customers who use the goods or services it produces.
Systems for moving goods or services from producers to customers are known as?
SUPPLY
What is nature of business activities?
It is to provide customers with goods and services. The customers will purchase them and then bring in money to the business.
What is the Nature of business activities?
It is to provide customers with goods and services. The customers will purchase them and then bring in money to the business.
What is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?
business is a bad thing so leave it
What are the two concerns in economic stability?
Simply put, the availability of resources (goods and services), and adequate ability to afford said goods and services with adequate room and ability for them to grow as necessary.
What is trade policy?
Trade policy explains the way we can get goods and services to the customers.
For whom do you produce goods and services?
That's easy, you produce them for customers.
What is the consumer's ability and desire to buy goods and services called?
demand
What is the primary determinant of a country's standard of living?
a country's ability to produce goods and services
Distinguish between actual and potential growth?
• Potential growth is the change in the ability of the economy to produce goods and services.•Actual growth is a rise in the quantity of goods and services produced
