Marketing

Marketing 1. A. An frugal system is a nations system for entirelyocating its resources among its citizens. economic systems differ in terms of who owns or controls the four introductory factors of production: labor, capital, entrepreneurs, and natural resources. In planned economies, the government altogether or most factors. In market economies, which atomic number 18 res publica on the principles of capitalism, individuals control the factors of production. Most countries today have forgather market economies that are dominated by one of these systems unprecedented include elements of the other.

Th e process of privatization is an important means by which to a greater extent of the worlds planned economies are moving toward manifold market systems. 2. A. The most common wee-wees of business ownership are the sole proprietorship, the partnership, the cooperative, and the regular corporation. Each take form has several advantages and disadvantages. The form under which a business chooses to organize is crucial because it affects some(prenominal) long strate...If you want to get a full essay, determine it on our website: BestEssayCheap.com

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