The profitability index for the office building project planned by the real estate developer is 0.472, considering a required rate of return of 6.850%.
To calculate the profitability index for the office building project planned by the real estate developer, we will consider the construction costs, annual cash flows, and the required rate of return.
1. Identify the initial investment, which is the construction cost: $725
2. Determine the annual cash flows: $130 for 3 consecutive years
3. Set the required rate of return: 6.850%
Now, we will calculate the present value of each cash flow using the formula: PV = Cash Flow / (1 + Rate of Return)^t, where t is the number of years in the future the cash flow occurs.
Year 1:
PV = $130 / (1 + 0.06850)^1 = $121.70
Year 2:
PV = $130 / (1 + 0.06850)^2 = $113.92
Year 3:
PV = $130 / (1 + 0.06850)^3 = $106.64
Next, we will find the sum of these present values:
Total PV = $121.70 + $113.92 + $106.64 = $342.26
Finally, we will calculate the profitability index using the formula: Profitability Index = (Total PV of Cash Flows) / Initial Investment
Profitability Index = $342.26 / $725 = 0.472
In conclusion, the profitability index for the office building project planned by the real estate developer is 0.472, considering a required rate of return of 6.850%.
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Consider the following statement: To keep a team organized, it is important that all of the roles and tasks of each specific member are clearly defined and understood. It also is beneficial to ensure that the distribution of assignments is as fairly and evenly distributed throughout the team as possible. ⋯ Lars Tramilton, author at Career Trend You are expected to draft three (2) paragraphs for this reflection. In the first paragraph, explain why you agree or disagree with the statement. In the second paragraph, describe your level of contribution to your team. Mention if you believe that others would agree with your assessment of yourself.
I agree with the statement that to keep a team organized, it is crucial to have clear and well-defined roles and tasks for each team member.
How to explain the informationIn terms of my level of contribution to the team, I consider myself to be an active and dedicated member. I strive to fulfill my responsibilities and meet the expectations placed upon me.
Overall, I believe that agreeing on clear roles and tasks is essential for team organization and effectiveness. By clearly defining responsibilities and ensuring a fair distribution of assignments, teams can foster a productive and collaborative environment. As for my own contribution, I strive to be a reliable and proactive team member, and I believe that others would support this assessment of my role within the team.
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Which of the following statements is correct I. Corporations are legal entities that can engage in contracts, sue and acquire properties. II. Corporations have a limited life. OI only Oll only OBoth I and II ONeither I nor II
Both I and II are correct statements about corporations.I. Corporations are legal entities that can engage in contracts, sue, and acquire properties.Corporations are legal entities with separate legal personalities from their shareholders, and they have the right to sue and be sued, enter into contracts, borrow, invest, own property, and enjoy other legal privileges.II. Corporations have a limited life.
Both I and II are correct statements about corporations.I. Corporations are legal entities that can engage in contracts, sue, and acquire properties.Corporations are legal entities with separate legal personalities from their shareholders, and they have the right to sue and be sued, enter into contracts, borrow, invest, own property, and enjoy other legal privileges.II. Corporations have a limited life.Corporations have a limited life, which means that they can exist for a predetermined period or until a particular event occurs. It's due to their artificial nature, which means that they don't have a natural death like humans or living entities.Hence, the correct answer is option C. Both I and II.
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"To communicate directly or indirectly facilitate exchanges by informing and persuading audiences to accept an organization's products."
Defines which element of the marketing mix?
Answer:
promotion
Explanation:
In Marketing mix, promotion refers to all the efforts that the company do in order to achieve two objectives :
- Make the consumers aware about their product
- Somehow influence the consumers to purchase the products.
Advertising is the main methods that most companies use in order to create awareness of their product. This might cost a lot of money, but if the advertising campaigns are successful, they will take a lot more in return.
In order to influence the consumers, the company could utilize various techniques. They could use things such as attractive packaging, cheap prices, additional values from the materials/ingredients of the products, innovation, etc.
A physical item that can be touched is called
Answer:
Persom
Explanation:
Amila is examining the monthly returns of various stocks. she would like to compare the underlying distributions of the stocks visually and has decided to use multiple histograms for this purpose. she is however worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot. she also needs to add 5 more stocks to the plot and she is worried it will become cluttered. can you suggest an alternative plot for amila to use
An alternative plot for Amila to use is to use a graph to depict the data.
How to illustrate the information?From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.
Therefore, a graph can be used to better illustrate the information.
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Which interest rate will be higher: the interest rate the bank pays you on your savings account or the interest rate the bank charges you for a loan? Why?
Answer:
The interest rate the bank charges you for your loan.
Explanation:
The bank is trying to make money, so the bank is going to PAY you a lower interest rate on your savings account, but CHARGE you a higher interest rate on your loan. Then, the bank makes more money out of the deal.
How can James free up more money to pay down his credit card debt?
O He has to pay less in rent each month.
O He has to complete an income statements every month.
O He has to start contributing to his 401(k).
O He has to cut back on other expenses
To be able to free up money to pay down credit card debt, James D. has to cut back on other expenses.
How to free up money for credit card debt?To be able to free up cash for debts, a person would have to cut back on their non - essential expenses. These are the only other source of income that people can take from and not really impact their way of life. This means that if James is to free up money to pay down the credit card debt he has, then he needs to cut back on the expenses that he has.
The rent on the other hand, cannot be reduced because it is not determined by James. If he was to pay less rent, he might be classified a bad tenant which can affect his credit score. Completing an income statement every month would help with budgets, but it wouldn't help one pay back credit card debt directly.
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1. He is spending more money than he makes.
2. He has to cut back on other expenses.
3. It is a listing of what an individual owns minus what they owe.
4. an antique vase valued at $125,000
5. capital
Explanation: I took the same quick check and got 100%, hope this helps!
Why is networking important? A. Actually, in today’s job climate, it’s not very important. B. It’s another tool to help connect you with your career goal C. It’s nearly impossible to get a good job unless you know someone in the field. D. If a network of people can’t find you a job, then you can try to convert them to friends.
Networking is important It’s another tool to help connect you with your career goal.
Why is networking crucial when looking for a job?
The greatest approach to find a job is by networking because people do business primarily with people they know and like. When used alone, cover letters and resumes are frequently too impersonal to convince employers to hire you. Because job postings frequently attract a large number of applicants, you are in fierce competition with many others. Cost-effectiveness, storage effectiveness, adaptability, and data security are further benefits. It also makes it simple for staff to share information, increasing productivity and efficiency.
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who can answer this?
1) explain how an unhealthy lifestyle puts people at a much higher risk if heart attack
2) what is the role or your digestive system?
3) what does the secretary system to and which organs are involved ?
4) what us dissection? why is it important in science.
5)what do blood cells do and why is there job so important?
6) how are arteries, veins and capillaries different? explain briefly in own sentences :) thanks
1. The risk for heart disease can increase even more when heredity combines with unhealthy lifestyle choices, such as smoking cigarettes and eating an unhealthy diet. Eating a diet high in saturated fats, trans fat, and cholesterol has been linked to heart disease and related conditions, such as atherosclerosis. Also, too much salt (sodium) in the diet can raise blood pressure. The 3 key rick factors that can cause a heart attack are high blood pressure, high cholesterol, and smoking.
2. The digestive system is responsible for taking whole foods and turning them into energy and nutrients to allow the body to function, grow, and repair itself.
3. The secretory pathway refers to the endoplasmic reticulum, Golgi apparatus and the vesicles that travel in between them as well as the cell membrane and lysosomes. It's named 'secretory' for being the pathway by which the cell secretes proteins into the extracellular environment.
4. Dissection is the dismembering of the body of a deceased animal or plant to study its anatomical structure. Helps students learn about the internal structures of animals. It helps people learn how the tissues and organs are interrelated, and gives them an appreciation of the complexity of organisms in a hands-on learning environment.
5. Red blood cells carry oxygen from our lungs to the rest of our bodies. Then they make the return trip, taking carbon dioxide back to our lungs to be exhaled.
6. Arteries deliver oxygen rich blood to the capillaries. Capillaries bring oxygen poor blood to the veins to convey back to the lungs and heart. Veins carry the blood back to the heart.
How did I do?
Which are the roles of a bank? Check all that apply.
Storing and holding money
Making purchases to create profits
Lending money
Investing in the economy
Creating money for the economy
The roles a bank plays includes:
Storing and holding moneyLending moneyWhat are banks?A bank is a financial institution that accepts deposits, lends money, stores valuables from customers. The activites of banks are guided by the Central Bank. The Central Bank is responsible for creating money in the economy.
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At what amount will accounts receivable for progress company be reported on the balance sheet if the gross receivable balance is $52,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables?.
Progress Company will report $49,920 as its accounts receivable on the balance sheet. Accounts receivable refers to an amount that a business is entitled to receive in the future from its customers to whom it has sold products or services.
Progress Company has a gross receivable balance of $52,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables. To arrive at the amount that accounts receivable will be reported on the balance sheet, we need to calculate the net accounts receivable. We can do this by subtracting the allowance for doubtful accounts from the gross receivables. Given, Gross receivable balance = $52,000,
Allowance for doubtful accounts = 4% of gross receivables
= 4/100 * $52,000 = $2,080
Net receivable balance = Gross receivable balance - Allowance for doubtful accounts
= $52,000 - $2,080
= $49,920
Therefore, Progress Company will report $49,920 as its accounts receivable on the balance sheet.
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Organizers of the town fair make a total of $706 from selling 164 hot dogs and 74 hamburgers at one of their concession stands. at their other concession stand, they make $884 by selling 256 hot dogs and 61 hamburgers. if the prices are the same at both concession stands, what is the price of a hot dog?
The price of a hot dog is $2.5
How to solve a system of two equations?First of all, we should obtain one variable in representations of another variable in one equation and substitute this variable in another equation. And solving that we bring two variables value. If you have two separate equations with identical two unknowns in each, you can solve for both unknowns. There are three common forms for solving: addition/subtraction, substitution, and graphing.
Here,
let's assume the price of hot dogs = x and the price of hamburgers = y
then, 164x + 74y = $706 --- ( 1 )
and 256x + 61y = $884 --- ( 2 )
Now, from eq - 1 we obtain x = ($706 - 74y) / 164
Substitute this x value in eq - 2,
256($706 - 74y)/164 + 61y = $884
=> $706*256 - 74y*256 + 61y*164 = $884 * 164
=> 180,736-8940y = 144,976
=> 180,736 - 144,976 = 8940y
=> 35,760/8940 = y
=> y = $4.
By substituting in eq - (1) we get x = $2.5
So, The price of a hot dog is $2.5
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By the end of 2017, Klein, a domestic corporation, had accumulated $10,000,000 in cash from the overseas operations of its Liberia subsidiary. Klein made no distributions of this accumulated E & P during 2017. Compute the one-time transition tax liability that was incurred by Klein. $fill in the blank 1
Klein, being a domestic corporation, was subject to a one-time transition tax on its accumulated foreign earnings and profits (E&P) as a result of the Tax Cuts and Jobs Act (TCJA) of 2017. The transition tax applies to the untaxed foreign earnings and profits of certain specified foreign corporations, including Klein's Liberia subsidiary.
To compute the one-time transition tax liability incurred by Klein, we need to first determine its accumulated E&P as of November 2, 2017, which is the end of the last taxable year of the specified foreign corporation that began before January 1, 2018. In this case, we are told that Klein had accumulated $10,000,000 in cash from the overseas operations of its Liberia subsidiary by the end of 2017.
Next, we need to calculate the amount of E&P that is subject to the transition tax. Under the TCJA, the amount of E&P subject to the transition tax is determined by multiplying the accumulated E&P by the applicable percentage, which varies depending on whether the E&P is held in cash or in other assets. For cash, the applicable percentage is 15.5%, while for other assets, the applicable percentage is 8%. In this case, since Klein's accumulated E&P is in cash, we will use the 15.5% rate.
Therefore, the amount of Klein's E&P that is subject to the transition tax is:
$10,000,000 x 15.5% = $1,550,000
This means that Klein's one-time transition tax liability is $1,550,000. It is important to note that Klein may be able to claim foreign tax credits to offset some or all of its transition tax liability.
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Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.
While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.
What is Capital Investment?
Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.
Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.
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What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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What Are Trader Joe's Store Hours?
Trader Joe's is a popular grocery store chain known for its unique and affordable products. The store hours for Trader Joe's can vary depending on the location, but most stores are open seven days a week.
Typically, Trader Joe's store hours are as follows:
Monday through Friday: 8:00 AM to 9:00 PMSaturday: 8:00 AM to 9:00 PMSunday: 8:00 AM to 9:00 PMIt's important to note that these are general store hours and may vary by location. Some stores may open earlier or close later, and some may have different hours on holidays. It is always best to check the specific store hours for the Trader Joe's location you plan to visit. You can find the store hours on the official Trader Joe's website or by calling the store directly.
Additionally, due to the ongoing COVID-19 pandemic, some Trader Joe's locations may have temporarily adjusted their hours or have implemented special shopping hours for senior citizens or other high-risk groups. So, it is always a good idea to check the store's website or call ahead to confirm the store hours before visiting.
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You should induce vomiting in a child you suspect has been poisoned ONLY when
you have been instructed to do so by the poison center expert.
True
O False
Answer:
The correct answer is the option: False.
Explanation:
To begin with, when it comes to terms of helping someone and moreover saving someone's live it is absolutely necessary to always act in order to make sure that everything that was possible to do was done, so therefore that it is understandable that in a case where a child has been poisoned with something then the person closer must know that he could induce vomiting by putting the finger into the throat, gently, so that the body will automatically try to throw up. Otherwise if the person might have not been instructed by the poison center expert and the kid is posible to pass out then the situation can get worse if the person does not do something.
Liquidity is a characteristic of money.
What is the definition of liquidity?
A. how quickly the money is spent
B. the availability of money for conversion into
currency
C. how much interest the money earns per year
Answer:
B. the availability of money for conversion into currency
Explanation:
hope this helped :)
i dont know which category this falls under
Answer:
C
Explanation:
A July sales forecast projects that 6,800 units are going to be sold at a price of $11. 30 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:
The total sales in July of the forecasts are $76,840.
What are the sales?
A sale refers to the act of exchanging goods or services for money or other valuable consideration. It is a transaction in which a seller agrees to transfer ownership of a product or service to a buyer in exchange for payment. The term "sale" can refer to a specific event or promotion in which products or services are offered at a discounted price or with other incentives to encourage purchases. Sales can take place in physical locations such as stores or online through e-commerce platforms.
To find the total sales in July, we need to first calculate the sales in each month and then add them up.
Sales in July: 6,800 units × $11.30 per unit = $76,840
Sales in August: 6,800 units × 1.15 × $11.30 per unit = $88,002
Sales in September: 6,800 units × (1.15)² × $11.30 per unit = $101,202.70
Sales in October: 6,800 units × (1.15)³ × $11.30 per unit = $116,383.61
Sales in November: 6,800 units × \((1.15)^{4}\) × $11.30 per unit = $133,718.05
Sales in December: 6,800 units × \((1.15)^{5}\) × $11.30 per unit = $153,408.76
Therefore, the total sales in July are $76,840.
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(NOT FULLY BUSINESS THIS IS THE CLOSEST I COULD GET) A concept map can help in understanding difficult material by
a.
Defining vocabulary words
c.
Alphabetizing content
b.
Listing topics within the chapter
d.
Identifying relationships among topics
Please select the best answer from the choices provided
A
B
C
D
Answer:
Identifying relationships among topics
Explanation:
Joaquin purchased a $150,000 crane for a construction business. The crane was sold for $120,000 after taking $84,000 of depreciation. Assume Joaquin is in the 35% tax rate bracket.
Required:
1. On what form would the gain or loss originally be reported?
2. What is the amount of gain or loss on the sale?
3. What amount of the gain or loss is subject to ordinary tax rates?
1. The gain or loss on the sale of the crane would be reported on IRS Form 4797, which is used to report sales of business property.
2. To calculate the gain or loss on the sale, we need to subtract the adjusted basis (original cost minus accumulated depreciation) from the sales price.
In this case, the adjusted basis is $66,000 ($150,000 original cost minus $84,000 depreciation), and the sales price is $120,000. So the gain or loss on the sale is a loss of $54,000 ($120,000 sales price minus $66,000 adjusted basis).
3. Since this is a loss, there is no amount of gain subject to ordinary tax rates. However, Joaquin may be able to use the loss to offset other gains and reduce his tax liability.
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239. Which of the following is an example of a move to reorganize? A. Reducing the labor force within your business B. Revising plans by creating contingency plans C. Managing by objectives and clearing pathways for success D. Developing a way to monitor financial success
An example of a move to reorganize is A. Reducing the labor force within your business.
What does it mean to reorganize a business ?Reorganization is the revision of a company's internal structure in a business environment. Reorganizations occur inside businesses for a variety of reasons. It is a procedure whereby a business revamps its existing strategy, set up, and operations.
Businesses typically undergo restructuring when they are experiencing financial difficulties, have new owners or employees, or have structural changes. A company's business tax structure typically changes when it reorganizes.
The firm will be repositioned, efficiency will be increased, costs will be reduced, and corporate changes like mergers and acquisitions will be dealt with.
Reorganizations frequently entail changing the personnel inside the company, adding or eliminating divisions, launching or shutting business units, and/or redistributing resources in a different way.
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If your company is expected to pay 100 million to a company in Japan by 9/30/21 list 2 ways that my company can hedge the transaction
Answer:
The company can opt for futures contracts.
The company can go for matching of receipts.
Explanation:
There are various techniques for transferring foreign exchange risk. Many organizations go for hedging techniques to minimize the risk exposure with the fluctuation in the foreign currency. When a company is expecting payments in six months, it can go for futures contract or matching the payment with the equal amount receipts.
Las 7) Find the production level that will maximize the profit if the cost and price functions are Ca) = 10000 + 500x - 1.6x? +0.001x and ple) = 1700 - 7. many recommends that the company manufacture
To find the production level that maximizes profit, we need to determine the quantity that maximizes the difference between the revenue and cost functions. The cost function is Ca(x) = 10000 + 500x - \(1.6x^2\)+ 0.001x, and the price function is ple(x) = 1700 - 7x.
To maximize profit, we need to find the quantity x at which the difference between the revenue and cost functions is maximized. The revenue function is given by R(x) = ple(x) * x, where ple(x) represents the price function and x represents the quantity produced. In this case, the price function is ple(x) = 1700 - 7x.
The cost function is given by Ca(x) = 10000 + 500x - \(1.6x^2\) + 0.001x, which represents the total cost of production as a function of quantity x. To find the quantity that maximizes profit, we need to find the critical point of the profit function, P(x) = R(x) - Ca(x).
To find the critical point, we take the derivative of P(x) with respect to x, set it equal to zero, and solve for x. This will give us the production level that maximizes profit.
Once the critical point is found, we can evaluate whether it corresponds to a maximum or minimum by examining the second derivative of P(x). If the second derivative is negative, it indicates a maximum profit.
Therefore, by finding the critical point and analyzing the second derivative, we can determine the production level that will maximize profit for the company.
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In most industries, getting into which kind of role usually requires experience? A. Entry-level B. Intership C. Managerial
Answer:
ifj
Explanation:
gjhguvcygvgvyvvvvbjfhjfg vy9bi givgu vu
What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
when pga and lpga, golf tours, joined together in a strategic alliance, which of the following best explains the potential advantage? group of answer choices entering new markets increasing administrative costs in the value chain development and diffusing new technologies reducing costs in the value chain
When the PGA and LPGA golf tours joined together in a strategic alliance, the potential advantage was reducing costs in the value chain. Therefore, correct option is reducing costs in the value chain.
What is PGA and LPGA golf tours?The strategic alliance between the Professional Golfers Association (PGA) and the Ladies Professional Golf Association (LPGA) was formed to join forces and promote growth in golf around the world. The purpose of this alliance was to promote the game of golf and to share ideas and resources.
The potential advantage of the strategic alliance between the PGA and LPGA golf tours is that it could reduce costs in the value chain. The value chain is the sequence of activities that a business must undertake to create value for its customers. These activities are divided into primary and support activities. Reducing the cost of these activities can help to lower the overall cost of producing a product or providing a service. It can also help to increase the profit margin and competitiveness of the business by offering its products or services at a lower price.
Reducing costs in the value chain can be achieved in many ways. For example, it could involve reducing the cost of raw materials or reducing the cost of production. It could also involve reducing the cost of distribution or reducing the cost of marketing. In the case of the strategic alliance between the PGA and LPGA golf tours, the potential advantage of reducing costs in the value chain could be achieved by sharing resources and reducing the cost of marketing and distribution.
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In Free to Choose, Milton Friedman makes the case that capitalism, i.e. free markets combined with governments that follow The Do Nothing Policy produce prosperity and freedom. In lecture, production possibilities frontiers were used to show the mechanism by which capitalism produces wealth, i.e. specialization according to comparative advantage and exchange.
The history of the 20th century is replete with examples of countries that have followed just such a policy of free market capitalism and experienced large increases in total and per capita wealth plus created stable peaceful political societies characterized by respect for individual rights and maximizing personal freedom, e.g. Japan, Taiwan, Korea, Singapore, and, until the communist Chinese takeover, Hong Kong. In the 20th century, countries that were already prosperous and free that continued choosing capitalist systems became more prosperous, e.g. the United States, Western Europe, Canada, and Australia.
A key feature of free markets is a level playing field where the rules apply to everyone whether they are rich, poor, powerful, or connected. The level playing field is sometimes referred to as the Rule of Law (ROL).
The ROL according to the Oxford English Dictionary is "The authority and influence of law in society, esp. when viewed as a constraint on individual and institutional behaviour; (hence) the principle whereby all members of a society (including those in government) are considered equally subject to publicly disclosed legal codes and processes."
The ROL can break down in two ways. First, rulers and their entourage can be held above and not be subject to the law or, second, immunity from the law can be bought. In either case, the ROL does not exist or, alternatively, that society has a corruption problem.
A conundrum of the “capitalism produces prosperity and freedom” policy are countries that have capitalist economies but haven’t produced much prosperity and are frequently but not exclusively characterized by bouts of politically based violence and oppressive abusive dictatorships, e.g. most middle eastern countries, most of South and Central America, Mexico, India, Russia, and until the last 20 years communist China.
In The Mystery of Capital, Hernando DeSoto addresses this conundrum and points out that adopting capitalism is required but not sufficient to produce U.S. and western European levels of prosperity and freedom. DeSoto argues that adopting capitalism isn’t enough. Countries have to choose a capitalist economic system, have ROL, plus do something else.
According to Hernando DeSoto, why are many 3rd world countries not getting rich even though they have ostensibly capitalist free market economies?
What is the something else these countries are missing?
Read Chapter 7, "Deng Perfects Socialism" and Chapter 5 'The Shanghai Gang" in The Party by Richard MacGregor.
In what sense and to what degree does Communist China meet DeSoto's requirement for a capitalist economy that will use free markets to create and equitably distribute wealth.
Does Communist China have a capitalist free market economic system where there is ROL and no corruption?
Explain with examples from The Party.
Requirements:
Your submission should be no less than 1000 words. Short papers will be penalized. There is no maximum length.
Proper grammar and effective use of English counts.
1. According to DeSoto, 3rd world countries like South America, which have capitalist economies but are not getting rich due to political crises and dictatorships.
2. The author also argues that more efforts is needed than just adopting the capitalist regime, it is essential to develop the system through strategic actions that guarantee ROL, and economic growth measures.
3. China has a Communist party with capitalist characteristics, for example, with the opening of the Chinese market, which constituted a great and rapid development in the productive and industrial system of the country.
What is the capitalist system?It is an economic system whose focus is an accumulation of wealth and profitability through private property and the means of production. It is based on the free market with less state intervention.
Therefore, the author argues in favor of capitalism and its positive characteristics for the economy, politics and society as a whole.
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In business, a specific commitment to achieve a measurable result within a stated period of time is called a ______.
In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.
As a result, the business are the to achieve a measurable result within a stated period of time is called a goal.
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