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If all economic resources are coming from the households why is there still a need for business firms?
While households provide labor and capital, business firms are essential for organizing and transforming these resources into goods and services that meet consumer needs. Firms facilitate production efficiency, innovation, and economies of scale, enabling a wider range of products and services to be available in the market. Additionally, businesses create jobs and contribute to economic growth, making them vital for a functioning economy. Thus, the relationship between households and firms is collaborative, with each playing a key role in economic dynamics.
What else can I help you with?
What do you called the money receive by the household from the business?
The money received in a household from a company is called income. Many households today have two incomes coming in, so that they can meet their financial obligations.
What is coming out of economic recession called?
recovery recovery
What are the Complexities coming in the business environment?
the complexities coming into the business enviorment are that pickles and soap blobs will take over the planet in a matter of minutes with the help of insane penguin
What are the disadvantages of click and mortar?
The advantages and disadvantages of the Click and Mortar business type depends heavily on the product being sold. One disadvantage might be, however, that wasted resources are being spent on the website when most business is continually coming from the retail store.
What is the total of money coming into business called?
The total amount of money coming into a business is called revenue. It represents the income generated from the sale of goods or services before any expenses are deducted. Revenue is a key indicator of a business's financial performance and growth potential.
What do you called the money receive by the household from the business?
The money received in a household from a company is called income. Many households today have two incomes coming in, so that they can meet their financial obligations.
What is the difference between strategy and tactic in management?
STRATEGY focuses on the resources and energies and not the competitor in the business. TACTIC is coupled with a minimum logic, morality and ethics which make use of legal loopholes coming from the business and product selection.
What is coming out of economic recession called?
recovery recovery
Are Twinkies coming back to business?
Yes, Twinkies are coming back soon
Is there a business 2 film coming out?
YES!
Which is the best business software application that works well for a small up and coming business?
Oracle is the best business software application that works well for a small up and coming business. You can read more at www.oracle.com/technology/index.html
What are the Complexities coming in the business environment?
the complexities coming into the business enviorment are that pickles and soap blobs will take over the planet in a matter of minutes with the help of insane penguin
What is reserve. resources?
Reserve resources are those Natural Resources which are saved for the coming generation. Example:- waterfalls, rivers, oceans, seas, wildlife etc.
What were the social and economic benefits of the states coming together and forming a federal government?
The benefits of the states coming together to form a federal government were that there was increased security. Also, there was an improvement in the economic status of all the colonies.
How did Japan react when the US threatened economic sanctions unless Japan returned to it's borders of 1931?
Japan badly needed the oil and scrap iron, it was coming from the US. Should these resources be cut off? Japan would have to find them elsewhere. Japan viewed the possibility of Economic sanctions as a threat to its long-term objectives.
What is A term used to describe money coming in to a business?
Donkey
What are the disadvantages of click and mortar?
The advantages and disadvantages of the Click and Mortar business type depends heavily on the product being sold. One disadvantage might be, however, that wasted resources are being spent on the website when most business is continually coming from the retail store.
