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Main force behind the decisions made by producers in a free-market society?
Wiki User
∙ 13y ago
the profit motive(:
Wiki User
∙ 13y ago
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Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
What is the main force behind the decisions made by producers in a free market scociety?
Demand demand demand
What is the main force behind the decisions made by producers in a free-market society?
To single out a "main" force as the question asks, that would be the concept of supply & demand. Without an understanding of this "force" that influences the way businesses operate, it becomes a handicap.
Managerial economics is an art or science.explain?
Both! The ideas and concepts behind managerial economics all have a scientific basis. Some managerial decisions made using managerial economics can employ scientific explanations. On the other hand, many managerial decisions made using the concepts of managerial economics are very subjective. One must, for example estimate the intentions of competitor firms. While some of this is scientific, some of it is luck and some of it is an art.
How does fairtrade help?
The philosophy behind Fair Trade is to ameliorate the relationship between power and international trade, which is most apparent in the global commodity chain. The global commodity chain is process and steps a certain commodity has to go through in order to be bought or consumed. For the context of Fair Trade, coffee is produced by producers around the world, sold to intermediaries or middle men, then the coffee is processed by a small number of multinational corporations (Nestle, Kraft, Proctor, Sara Lee) and then sold at the supermarket. Since the producers are dependent on the multinational to buy their products they have no way of bargaining a better price for the coffee. The price that the small producers receive is a small fraction compared to the price that the super market or the multinational corporations receive. The problem Fair Trade tries to ameliorate is the dynamic of power and the terms of trade. It creates a product line that tries to appeal to the more conscious consumer to give the small producers around the world a better price for their goods at a higher price.
Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
What is the main force behind the decisions made by producers in a free market scociety?
Demand demand demand
What is the main force behind the decisions made by producers in a free-market society?
To single out a "main" force as the question asks, that would be the concept of supply & demand. Without an understanding of this "force" that influences the way businesses operate, it becomes a handicap.
What are 4 reasons behind supreme court decisions?
To died
Who are the producers of Loony Tunes?
Loony Tunes is a very popular cartoon that has been around for quite sometime. The producers behind the popular cartoon are Leon Schlesinger, and Ed Selzer.
What is a sentence for society?
For the good of society, violent criminals should remain behind bars.
What is a good sentence for society?
For the good of society, violent criminals should remain behind bars.
What does debunking society mean?
Debunking society involves questioning commonly-held beliefs, myths, and misconceptions within a society in order to reveal the truth or expose falsehoods. It involves critically examining societal norms, practices, and institutions to challenge and dismantle existing assumptions or narratives. By debunking society, individuals aim to promote critical thinking, awareness, and social change.
According to Ida Tarbell what is the main motivation behind John Rockefeller's business decisions?
Greed.
What was the reason behind the split of them on society of western Europe?
yes
What is the answer to the third puzzle in the mysterious Benedict society?
Behind the Mirror
What are the release dates for Behind the Hedgerow Eileen Slocum and the Meaning of Newport Society - 2010?
Behind the Hedgerow Eileen Slocum and the Meaning of Newport Society - 2010 was released on: USA: August 2010
