BUSINESS HIGH SCHOOL

Which economic system has economic roles that are passed from generation to generation?

Answers

Answer 1
Answer: The best answer would be: traditional economy (specifically, it's definitely neither market economy nor command economy - in those economies the family does not necessarily play a role in the chose of roles).

An example of such strict economic roles is ancient India - and the roles are called castes.

Related Questions

TRUE or FALSE. Big spenders are also known as low yield tourists, because they typically expect air conditioned hotels with English-speaking staff and imported food from their home country.
The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.True False
E-commerce is the use of the internet to _____.spy on businesses visit your bank buy and sell goods buy virtual ice cream
You work for a food distributor. One of the local grocery stores that purchases from you sometimes orders 50 cases of soda, sometimes 30 cases, and sometimes 100 cases. You want to ensure you can always meet their demand, so you keep 150 cases in stock in your warehouse. This is an example of ___________.
In order to grow, develop, and/or migrate, an insurgency must meet __________.

Parker, Inc. had a beginning balance in its Retained Earnings account of $386,200. During the year, the company declared and paid a $4,820 dividend and, at the end of the year, it reported Retained Earnings of $401,060. The company's net income for the year was:___________a) $19,740
b) $14,910
c) $10,08
d) $0

Answers

Answer:

The company's net income for the year was $19680

Explanation:

Ending Retained earnings=Beginning Retained earnings+Net income-Dividends

401,060 = 386,200 + Net income - 4820

Net income = (401,060 + 4820 - 386200)

                     =$19680.

Meg's company decided to build an additional factory in a small community. When the community started a protest because of the negative impact the factory would potentially have, Meg's company promised to prevent and pay for any negative impact to the community. It also offered to build a community park to balance out the negative impact the factory might cause. Which moral standard of social responsibility is the business observing?

Answers

Answer:

Corporate Citizen Moral Standard

Explanation:

The reason is that the company have to meet its social standards and the legal requirements which the jurisdiction imposes on it, which is Corporate Citizen Moral Standard. Furthermore, for this reason the company has promised that they will try their best to prevent any negative impact and if there are such cases then it will compensate them as well, which is their legal requirement. They also had offered to build a community park which is the requirement of their social standards.

the two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the

Answers

The two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the actual/365 day method.

The 12-month/360 day method assumes each month contains 30 days, regardless of how many days are actually in a month.

This method is generally used for mortgage payments. The actual/365 day method considers the actual number of days in each month and accounts for leap years.

This method is generally used when prorating taxes, insurance, or rent.

To know more about mortgage payment, refer here:

brainly.com/question/29440594#

#SPJ11

Price ceilings are created to keep products affordable for consumers.Answer a. True
b. False

Answers

Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.

If you are able to avoid offending people, you have ______

Answers

Answer:

Empathy.

Explanation:

Empathy is the ability to understand the actions and feelings of others, this is because we put ourselves in the place of the offended person. Thus empathy means putting yourself in the place of the person who will be offended. So if you can avoid offending people, you have empathy.
if you are able to avoid offending people, you have tact!

Regarding using personality testing as part of the hiring process, experts have concluded that: The typical personality test is not a valid predictor of job performance. Only the Big Five should be used as predictors of job performance. The effects of personality on job performance are so large it cannot be ignored by managers. There are many valid instruments available to managers to test for personality types.

Answers

The correct answer is this one: "The typical personality test is not a valid predictor of job performance." Regarding using personality testing as part of the hiring process, experts have concluded that: The typical personality test is not a valid predictor of job performance.
Other Questions
A firm that uses ___________ segmentation divides a market into groups based on life stage, race, or profession. benefit demographic value target
The production function is Select one: a. influenced by the productivity of workers. b. the marginal revenue produce minus the wage rate paid to workers. c. the increase in the amount of output from an additional unit of labor. d. All of the above are correct.
Which of the following accurately describes a capital gain?OA. A rise in the standard of living OB. The difference between costs and revenues OC. An upward trend in prices OD. An increase in the value of an investment
Watch was a teen publication given out free to high school students, but the publication was unable to deliver the response rates to coupons or sample offers that its advertisers expected. Marketing researchers for its publisher developed a research plan, gathered information from teen focus groups, analyzed the findings, and recommended replacing Watch magazine with Fuel for boys and Verve for girls. Making this change would be considered which step in the marketing research approach?a. define the problemb. develop the research planc. collect relevant informationd. take marketing actionse. develop findings