0
What else can I help you with?
How is economic profit determined and what factors contribute to its calculation?
Economic profit is determined by subtracting all explicit and implicit costs from total revenue. Factors that contribute to its calculation include production costs, opportunity costs, and the competitive environment.
What determines the wealth of a country?
The wealth of a country is determined by various factors, including its natural resources, human capital, technological advancement, and economic policies. A strong infrastructure, efficient governance, and stable political environment also play crucial roles in fostering economic growth. Additionally, trade relationships and access to global markets can significantly impact a country's wealth. Ultimately, a combination of these elements influences a nation's overall economic prosperity and standard of living.
What Business and legal and economic environment?
The ICFAI center for management research state that the global business environment can be defined as the environment in different sovereign countries, with factors exogenous to the home environment of the organization, influencing decision making on resource use and capabilities. This includes the social, political, economic, regulatory, tax, cultural, legal, and technological environments.The political environment in a country influences the legislations and government rules and regulations under which a foreign firm operates. The economic environment relates to all the factors that contribute to a country's attractiveness for foreign businesses.Every country in the world follows its own system of law. A foreign company operating in that particular country has to abide with its system of law as long as it is operating in that country. The technological environment comprises factors related to the materials and machines used in
How is a country's wealth determined?
It is determined by the amount of Penises.
What are the components of the general environment in business?
economic environment ..social environment and political environment
How is economic profit determined and what factors contribute to its calculation?
Economic profit is determined by subtracting all explicit and implicit costs from total revenue. Factors that contribute to its calculation include production costs, opportunity costs, and the competitive environment.
What determines the wealth of a country?
The wealth of a country is determined by various factors, including its natural resources, human capital, technological advancement, and economic policies. A strong infrastructure, efficient governance, and stable political environment also play crucial roles in fostering economic growth. Additionally, trade relationships and access to global markets can significantly impact a country's wealth. Ultimately, a combination of these elements influences a nation's overall economic prosperity and standard of living.
What are the components and importance of economic environment?
The components of economic environment include economic conditions, economic systems, economic policies, international economic environment, and economic legislation. Each of these components rely on each other and decide the outcome of the environment.
What Business and legal and economic environment?
The ICFAI center for management research state that the global business environment can be defined as the environment in different sovereign countries, with factors exogenous to the home environment of the organization, influencing decision making on resource use and capabilities. This includes the social, political, economic, regulatory, tax, cultural, legal, and technological environments.The political environment in a country influences the legislations and government rules and regulations under which a foreign firm operates. The economic environment relates to all the factors that contribute to a country's attractiveness for foreign businesses.Every country in the world follows its own system of law. A foreign company operating in that particular country has to abide with its system of law as long as it is operating in that country. The technological environment comprises factors related to the materials and machines used in
What country have tradiTional economic system?
I've been doing this in society and environment at the momentsome are;Ethiopia.Uganda.Most traditonal economic system countries are living in third world conditions
What is determined by genotype and environment?
Phenotype
How is a country's wealth determined?
It is determined by the amount of Penises.
What are the five key dimensions of the broader business environment?
The Economic Environment, The Social Environment, The Global Environment, the Technological Environment, and the Competitive Environment.
What are the components of the general environment in business?
economic environment ..social environment and political environment
What determined the way a tribe lived?
its environment
What is the economic function of the environment?
Answer
What factors determine a countries level of development?
there are many economic factors which effect the eco nomic growth likepovertyunemploymentbudget deficitlack of educationnot better use of resources
