That statement is true
Cultural standards in a certain society dictates what considered as 'good' or 'bad'. This mean that what considered as 'positive achievement' in one specific society might not be considered as so in other society. For example, for middle east society, maintaining virginity until marriage is considered as a positive individual achievement. In western countries, this might not be seen as so.
B) capital
C) land and labor
D) labor and capital
Answer:B) capital
Explanation:
Capital refers to the finances that they will need to further the business but it also refers to the goods that they will need inorder to produce more goods in the future as they expand the business.
It is important to know that they have enough funds to expand the business because if they don't have enough to finance this expansion they may lose even what they have which will not be beneficial.
So much is needed when one is expanding the business and it all requires financial input so it is crucial that they know that their finances are in good state and so are their goods.
When considering the scenario of expanding into a new urban area with specific characteristics, the company's decision-making should closely address the factors of production labor and capital. The correct option is C.
In an urban area with a population of people with average educations and lower standard of living, the availability of a skilled and trainable labor force is crucial. The company needs workers to manufacture and sell its products, making labor a significant consideration.
Additionally, the fact that the company is hoping for its product to take off and be successful indicates the need for capital, as investments will be required for production, marketing, distribution, and other business operations. Given the limited availability of vacant warehouses and slower sales, the company's expansion plans would require substantial capital investments to set up facilities and stimulate demand.
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Forest management practices can help in reducing the negative impact of wood harvesting: True.
Forest management refers to a branch of forestry and it can be defined as a field which deals with the economical, financial, legal, administrative, technical and social aspects of a forest, so as to enhance the smooth running and operation of a forest reserve.
In forest management, several practices and policies are established by the government of a particular country, so as to help reduce the negative impact of wood harvesting by unauthorized individuals.
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