discuss 3 ways in which entrepreneurship can help to combat unemployment and improve the economy os south Africa

Answers

Answer 1

Answer: Entrepreneurship brings new businesses in the area. New businesses need to hire people. They help combat unemployment when they hire people. New businesses also pay government taxes which will help improve the economy of South Africa.

When various new businesses are opening in an area, it signifies that the area is safe and conducive for new businesses thus attracting potential investors and more consumers. Potential investors may be encouraged to set up their own business and will help combat unemployment by hiring local people. Foreign businesses also pay local government taxes which will also improve economy.

Entrepreneurship will generate local, national, and global interest. The more investors are interested to set up business in the local area, the better for the area's economy and unemployment problems will be diminished.

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The law of supply states that as the price of a good declines, the quantity supplied of that good remains the same. decreases. increases. disappears.

Answers

The law of supply states that as the price of a good declines, the quantity supplied of that good decreases as well.

What is the law of supply?

This economic law states that other things equal, an increase in the price of a product will increase the quantity of it supplied, and conversely for a price decrease directly related.

Hence, the law of supply states that as the price of a good declines, the quantity supplied of that good decreases as well.

Therefore, the Option D is correct.

Answers

The right answer for the question that is being asked and shown above is that: "Economic resources are limited." The statement that is true about economic resources is that Economic resources are limited.

The right answer for the question that is being asked and shown above is that: "Contractionary"

A business chooses to build army tanks rather than butter-making machines, bread machines, or candy vending machines. What are these other alternatives called?opportunity cost

trade-off

scarcity.

none of the above

Answers

The right answer for the question that is being asked and shown above is that: "opportunity cost."A business chooses to build army tanks rather than butter-making machines, bread machines, or candy vending machines. These other alternatives are called opportunity cost

Trade-offs! Just took the test!

_______ segmentation is used when the firm can identify a group of consumers with common needs and wants that spans the entire globe.

Answers

Answer:

Global Segmentation

Explanation:

Global Segmentation - it is referred to that strategy in marketing that aside from the potential customer in one category or list that has the same behaviors for any products. it is done to focus on such customer and their products to meet their needs.

structure analysis has done for obtaining segmentation

- analyze the potential needs of customers

- then analyze the behavior of customers sharing the same characteristics

- then, at last, determine the potential customers who need it.

In the context of visionary leadership, _____ control and manipulate followers, do what is best for themselves instead of their organizations, want to hear only positive feedback, share information that is only beneficial to themselves, and have moral standards that put their interests before everyone else's.A) ethical charismatics
B) democratic leaders
C) transformational leaders
D) unethical charismatics

Answers

Answer:

D. Unethical charismatics

Explanation:

Unethical charismatics leaders are the type of charismatic leaders that have unreasonably high sense of self importance which is based on gaining attention and getting commendations, applause, etc from others while they ignore opinions that are contrary or opposite.

What is meaning of the word postage

Answers

the sending or conveying of letters and parcels by mail.

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