Marketing

Marketing 1. A. An economic system is a nations system for onlyocating its resources among its citizens. stint systems differ in terms of who owns or controls the four vestigial factors of production: labor, capital, entrepreneurs, and natural resources. In planned economies, the government solely or most factors. In market economies, which atomic yield 18 found on the principles of capitalism, individuals control the factors of production. Most countries instantly have mingled market economies that are dominated by iodine of these systems scarce include elements of the other.

The process of privatiz ation is an important means by which many another(prenominal) of the worlds planned economies are moving toward mingled market systems. 2. A. The most common strainings of business ownership are the sole proprietorship, the partnership, the cooperative, and the regular corporation. Each blueprint has several advantages and disadvantages. The form under which a business chooses to organize is crucial because it affects coupling long-term strate...If you want to get a full essay, hearty club it on our website: BestEssayCheap.com

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