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Business used to revolve around the practice of barter trade, where merchants would trade objects of value with each other. However, with the introduction of currency, business has since evolved into a complicated rendition of buying low and selling high.
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What stage of business cycle would be most appropriate to describe the years from 1929 to 1933?
contraction
What is Theory of evolution applied to business?
Social darwinism
Describe the evolution of business and include feudalism mercantilism capitalism commerce property rights the Industrial Revolution?
The evolution of business began with feudalism in the day of kings, lords, knights and vassals. Traveling merchants observed that some products were in abundance in some locations and scarce in others. So, they purchased these products and transported them to the areas where the products were scarce and sold them for profit. Capitalism came in and this is the point where i say, read your study chapter and do your own homework.
Describe two features of cottage industries?
Economy an business
How would you describe unfair trade practice laws?
These laws involve various types of business competition, especially with reference to trademarks, price maintenance, and price discrimination.
Describe the evolution of the field of business policy to strategic management?
What are the Evolutiosn of business policy
What is the evolution of business?
what is the evolution of business
How would you describe the nature of business?
Tons of DMG
Evolution of business policy and strategic management?
evolution of business policy and strategic management?
What term can be used to describe evolution by natural?
The term that is often incorrectly used to describe evolution by natural selection is "survival of the fittest."
How would a person who believes in philosophy of evolution describe god?
God is the creator of the universe. People who believe in evolution believe that God created things and allowed them to evolve.
Evolution of business policy?
history of business policy
What term be used to describe evolution by natural selection?
The term that is often incorrectly used to describe evolution by natural selection is "survival of the fittest."
What term can be used to describe natural selection?
Survival of the fittest
What is foreign business firm?
You would describe a business firm as foreign, if it is based in a different country than the one in which you live.
What term would best describe Charles Darwin's decision to sail aboard the HMS Beagle?
Serendipitous
Describe situations in which a joint venture would benefit a company involved in international business?
it would help the exports be more valuble
