Question

In: Economics

an example of a command economy is capitalism communism mixed economy oligopoly Question 2 - cultural...

an example of a command economy is

capitalism

communism

mixed economy

oligopoly

Question 2 - cultural diversity represent

a technical skill

the difference among people in the workforce

a religious issue the doesnt affect business organizations

a statistical method used to project sale revenue and profits for global.

Solutions

Expert Solution

Communism.

Explanation:

An example of a command economy is communism.An economy where the government commands over what type and quantity of goods are to be produced and the price at which the good is to be selled,etc is a command economy.The free market forces have no command over it.Every decision is taken up by the government.The command economy is an example of communist society.

2. A religious issue that doesn't affect business organizations.

Explanation:

Cultural diversity represents a religious issue that doesn't affect the business organizations.The diversity in different cultures of people belonging to a society and appreciating such cultural diversities existing in forms of different religious views and beliefs, existence of various ethnic groups and culturally diverse groups of people in society etc,are some examples of cultural diversity in a social setup.


Related Solutions

Describe the difference between a command, a market, and a mixed economy.
Describe the difference between a command, a market, and a mixed economy.
1) American capitalism is not pure capitalism; it has become a "mixed" economy, largely because of...
1) American capitalism is not pure capitalism; it has become a "mixed" economy, largely because of defects or failures in the market system that Adam Smith did not foresee. What are these defects or failures that Smith didn't foresee? Discuss. 2)Income inequality in most European countries is smaller than it is in the US. Given all of the approaches and strategies available to the US (and to Europe) for improving income distribution, why do you think this is so?
What is the main difference between capitalism and a mixed economy? Which model is used in...
What is the main difference between capitalism and a mixed economy? Which model is used in the Kingdom of Saudi Arabia? Explain with justification.?
1. State and explain three axioms of economics 2. Explain the following a. Capitalism b. Communism...
1. State and explain three axioms of economics 2. Explain the following a. Capitalism b. Communism c. Socialism 3. What is market failure? 4. State and explain 2 causes of market failure with an example and explain the example 5. State and explain 4 market system 6. What are the three economic questions? How do these three economic questions get addressed by different economic systems. 7. The relevance of Capitalism, Communism and Socialism
Option 2: Compare and contrast communism and fascism. Select one example for each to examine the...
Option 2: Compare and contrast communism and fascism. Select one example for each to examine the origins of the governments, their accomplishments, and their failures. What accounts for the fact that the masses mobilized to support these movements? Elaborate.
Question 2 (20 marks) question 2.1 Give an example of a situation when an economy is...
Question 2 question 2.1 Give an example of a situation when an economy is in recession according to both definitions of recession and give another example of a situation when an economy may be in recession according to one of the definitions but not the other. You answer. question 2.2 Consider two identical countries. The only difference between them is that in country A the marginal propensity to consume (out of disposable income) MPC=0.4 and in country B MPC=0.7. The...
1.      Find and describe an example of Oligopoly in Omani economy. In your answer you shall...
1.      Find and describe an example of Oligopoly in Omani economy. In your answer you shall mention: a)      Definition of Oligopoly and its main characteristics and conditions. b)      Name the industry where the Oligopoly exists. Provide proofs that named industry has Oligopoly with reference to characteristics and conditions stated in (a).                                                         
This is a five part question. a. Define the term mixed cost and provide an example....
This is a five part question. a. Define the term mixed cost and provide an example. b. Provide two examples of costs that are likely variable costs. c. Provide two examples of costs that are likely to be fixed costs. d. Why total compensation paid to the sales force is likely to be mixed cost. e. What is the total difference between contribution margin and contribution ratio?
After looking into Hofstede reading in week 2 “cultural perspectives”, Consider Oman mixed culture and differentiate...
After looking into Hofstede reading in week 2 “cultural perspectives”, Consider Oman mixed culture and differentiate the advantage and disadvantages of these dimension and their effect on innovation and entrepreneurship
in C programing language Two numbers entered from the command line (example: calculate.exe 2 + 2)...
in C programing language Two numbers entered from the command line (example: calculate.exe 2 + 2) Add, subtract, divide and multiply by (+, -, /, *) operators Write the C program that makes the calculation using switch-case. hint: operator [2][0] comes from index .
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT