The biggest factor in technological differences is the mainstream influence, social and economical backgrounds and the general growth of the region. An area that is still classified as a third world country is not going to have the same proprietary advantage of a first world country because of the lack of structure and advancement of the citizens. Their ability to contribute and force growth is less therefore the process of expansion is slower.
Restaurants certainly compete with each other for business. There are many restaurants that serve the same style of food, and these restaurants are often in competition.
The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.
Because the entrepreneur; takes the initiative, makes strategic business decisions, innovates, and bears risk.Entrepreneurial ability is considered to be a completely separate factor of production.
Because entrepreneurial ability is directly engaged in production
No, capitalism and communism have very distinct views about the allocation of resources in a society. Capitalism supports private ownership with the profit motive, deriving additional expansion by accumulating more capital from continual investment. Communism supports social ownership of social resources for the benefit of society, not for profit.
corporation
It has two distinct advantages over traditional marketing. E-marketing provides customers with more convenience and more competitive prices, and it enables businesses to reduce operational costs.
After World War II, the productive capacity and technological advances gave the US a distinct advantage. It was not ravaged by the war and its infrastructure was intact.
A fully deployed and operational information technology system that supports business functions and services, such as payroll. Applications use data and are supported by a variety of technological components, but they are distinct from the technology components that support the application.
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According to this concept, business is treated as a unit separate and distinct from its owner.
Restaurants certainly compete with each other for business. There are many restaurants that serve the same style of food, and these restaurants are often in competition.
A Well-defined infrastructure.
because he is taking risk and any loss by the business will be suffer by the owner himself.
Many business computers have three distinct and world wide unique identifiers. What are they? 1 asset tag, 2 IP Address, 3 serial key
After World War II, the productive capacity and technological advances gave the US a distinct advantage. It was not ravaged by the war and its infrastructure was intact.
English is the worldwide language of business. Knowing Business English will put workers, salespeople, managers, and other producers at a distinct advantage over those do not know it.