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How are American businesses demanding socially responsible behavior from their international suppliers?
American businesses are demanding socially responsible behavior from their international suppliers to ensure that the products being produced for the United States are safe for use. This is being accomplished by creating standards and implementing punishment for breaking these standards.
Which of these is not one of the basic economic questions where should products be produced for whom should products be produced how should products be produced what products should be produced?
Where should products be produced
How did tariffs benefit American businesses in the 1700s?
The tariffs taxed imported products so that people would be more willing to buy the cheaper goods made in America. Therefore, the new businesses in America, would not have to compete with more experienced factories in Europe.
Nature and purpose of business?
The purpose of businesses is to make money. Businesses make money by providing products and services for their customers. The more customers value these products or service, the more they will pay for them.
What is an established businesses can produce products more cheaply and quickly than smaller businesses?
t is known as Economics of scale
How are American businesses demanding socially responsible behavior from their international suppliers?
American businesses are demanding socially responsible behavior from their international suppliers to ensure that the products being produced for the United States are safe for use. This is being accomplished by creating standards and implementing punishment for breaking these standards.
What kind of products are produced in factories?
Factories produce a wide range of products, including electronics, automobiles, clothing, food and beverage items, furniture, machinery, and pharmaceuticals. The specific product produced in a factory depends on the type of factory and the industry it is in.
Where do shops get there stuff from?
Shops can get their products from practically anywhere. Larger businesses and factories create and form the products which are then shipped over seas to where the shops are located for more products in stock.
Why are so many products made in east Asia?
Many products are made in eastern Asia because they make products for less then half the price and that's an incentive to businesses to outsource the factories to eastern Asia and latin America
How many Apple company factories are there worldwide?
Apple Inc does not have any factories as their products are produced by contractors such as Foxconn.Foxconn has 18 factories that make Apple products.
Which of these is not one of the basic economic questions where should products be produced for whom should products be produced how should products be produced what products should be produced?
Where should products be produced
What are retail businesses?
Businesses that sell to the public, vs. businesses that sell their products to other businesses which then redistribute the products to the public.
What organization sets and enforces safety standards for items that are bought from businesses?
The Consumer Product Saftey Commission (CPSC) sets standards for items that are bought from businesses. Other agencies that focus on specific products are: the FDA (Food and packaged water ,Medical Devices and Drugs), EPA (Pesticides and anything that falls under FIFRA or TOSCA plus Drinking Water standards and devices), USDA (dairy and meat products), OSHA (workplace standards and practices), and the new Consumer Agency for Consumer Credit.
What one of these agencies sets and enforces safety standards for items that are bought from businesses?
The Consumer Product Safety Commission (CPSC) is the agency responsible for setting and enforcing safety standards for consumer products. It aims to protect the public from unreasonable risks of injury or death associated with the use of these products. The CPSC works to ensure that items sold by businesses meet specific safety regulations to safeguard consumers.
How did tariffs benefit American businesses in the 1700s?
The tariffs taxed imported products so that people would be more willing to buy the cheaper goods made in America. Therefore, the new businesses in America, would not have to compete with more experienced factories in Europe.
What is meant by 'quality control' when making foods commercially?
quality control is a program put in place at factories that checks every some odd number of products so that they can make sure that their products are being prepared up to their standards and that nothing is wrong with them.
Why do cutomers influence businesses?
Customers influence businesses to a great extent. In cunsomer durable business, customer's choice/selection play a pivotal part. Similarly in savings products, insurance business, customer's savings habits, life standards are the deciding factors for the growth of these types of businesses.
