Marketing

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

The process of privatization is an important means by which more of the worlds planned economies are moving toward conglomerate 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 form has several advantages and disadvantages. The form under which a business chooses to organize is crucial because it affects some(prenominal) long-term strate...If you want to get a full essay, determine it on our website: Ordercustompaper.com

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