Answer: Globalization
The process of conducting business on an international scale is a part of globalization.
Explanation:
Globalization refers to a process of interaction and integration between the people, companies, and governments across different nations in a seamless and integrated manner. It is driven by international trade, investment and supported with the use of information technology. It is interdependence of nations around the world advanced through free trade. It raises the standard of living in poor and less developed nations through the creation of job opportunities and improved access to goods and services.
The answer is globalization. This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.
Answer:
trough
Explanation:
The economy is likely in the recovery stage of the business cycle, following a period of contraction and now moving into a period of expected growth, with authorities demonstrating concern about potential inflation.
Based on the provided information, the economy is likely in the recovery, or expansion, stage of the business cycle. The business cycle, as outlined by economic theory, includes four main stages: expansion, peak, contraction, and trough. In this situation, the economy suffered a period of decrease, or contraction, but this has stopped, indicating it reached the trough, or lowest point. Now that the economy is expected to grow at a higher rate, this indicates a move into the expansion phase. However, there is concern about inflation from the authorities, which is a common concern in a recovery period as demand starts to increase again, potentially driving up prices.
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Answer: True
Explanation:
Yes, the given statement is true that the initial or the first step of creating a proper budget we always create a list and then identify our expenses according to the specific requirement.
We should always keep the all the financial records regularly so that we can make the proper budget list of the expenses. The budget is basically depend upon the individual living requirement, expenses and the income.
The answer is True. Hope this helps
ANSWER: GOLD JEWELERY
EXPLANATION: Gold Jewelery is a classic example of a product with highly elastic demand. Consumers often tend to sway away to substitute products or postpone buying the gold jewelery if the price increases by a very small amount.
Two factors which makes the product's demand so elastic are:
a. AVAILABILITY OF SUBSTITUTES: People often tend to shift to substitute products when the price of the product increases. For example, for Gold Jewelery, people often tend to shift to jewelery which are artificial in nature or are made up of comparatively cheaper metals like silver.
b. INCOME LEVEL: Income level of the consumer plays a very important role in the market. Buying Gold jewelery after price hike for a person who earns $1000 a month maybe a trouble but for someone who earns as handsome as $10,000 a month may not be burden.
b. Competition d. Government Regulation
The correct option for the following which is NOT a part of the free enterprise system is D. Government Regulation
A free enterprisesystem is the freedom of people and companies to law. It permits people and businesses to create, produce, are capable and inclined, enterprising people produce items and offerings for produce and sell goods and offerings. on this gadget, no person forces human beings they trust to be excellent for them.
Conclusion: consumer preferences and spending conduct are the main drivers of business choices, now not authorities rules and intervention. Your selection to open a coffee store, begin a web business, or pick out to emerge as a health practitioner are all examples of an unfastened organization device at work.
Learn more about the free enterprisesystem here brainly.com/question/3369578
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B. write it on your hand.
C. repeat it at the end of every sentence as you speak to him or her.
D. make up a jingle for it.
Answer:
A. Repeat it silently in your head
Explanation:
This is the correct answer for the PF test.
Hope this helps! C: