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Why is business consider a lawful economic activity?
business is considered as a lawful economic activity because it is highly and legally recognized by the government. The government gives authority to the firms in using or utilizing economic resources like land, soil and many more in order to produce something that are useful and can be needed for survival.
Which point in the business cycle has the greatest economic activity?
Peak a+
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
What is a Period when business activity slows and wages fall?
Economic depression.(:
The recurrence of periods of growth and recession in a nations economic activity?
business cycle
Why is business consider a lawful economic activity?
business is considered as a lawful economic activity because it is highly and legally recognized by the government. The government gives authority to the firms in using or utilizing economic resources like land, soil and many more in order to produce something that are useful and can be needed for survival.
Which point in the business cycle has the greatest economic activity?
Peak a+
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
What is a Period when business activity slows and wages fall?
Economic depression.(:
The recurrence of periods of growth and recession in a nations economic activity?
business cycle
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
What is the term for severe slowing of business activity?
dramatic income reduction. Economic depression.
How would you define the business cycle.?
A business cycle refers to the ups and downs of the general level of economic activity for a country.
What is the meaning of business activity?
Business activities refer to economic activities such as promoting, investing buying and purchasing of an organization or a company.
Identify two predictors of future economic activity that are available to managers for decision making?
economic statistic and business confidence indices
What are types of business activity?
Any activity which results in monetary transaction is a business activity. The only apparent exception is barter activities. Still they are also considered ass business activity, as they result in value addition that can be converted into money. Thus all activity with an intent for value addition. measured in terms of money, can be classified as business activity.
What is e-commerec?
It is basically economic activity that occurs online. This includes all types of business activity, such as retail shopping, banking and investing.
