How does the government benefit from entrepreneurship?

Answers

Answer 1

Government benefit from entrepreneurship adds national income. A large number of people get employed through it. An increase in employment adds to national income in the form of tax revenue and higher government spending.

Government is the system or collection of individuals in charge of an organized society, usually a state. In the broadest sense, government is made up of the legislature, the executive, and the judiciary. The government is both an organizational policy-implementing tool and a policy-defining system.

Many governments have some form of constitution, a statement of their ideology and governing philosophy. Although governance exists in many types of organizations, the term government is commonly used to refer to about 200 self-governing national governments and their subsidiary organisations.

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Answer 2

New markets are created by entrepreneurs by offering new and improved products, services, and technology. As a result, they contribute to the creation of new wealth and increase the national income. As a result, the government can provide greater national benefits to citizens.

Entrepreneurs create job chances not only for themselves but also for others. Entrepreneurial activities can have an impact on a country's economic performance by introducing new products, technologies, and manufacturing processes to the market, as well as increasing productivity and competitiveness more broadly.

Entrepreneurs transform or disrupt societal traditions or cultures, reducing reliance on old methods, systems, and technologies. Essentially, entrepreneurs are the forerunners in introducing new technology and systems that, in turn, affect societal change.

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Related Questions

______________ include all of the costs of production that increase with the quantity produced.
A. Fixed costs
B. Variable costs
C. Average costs
D. Average variable costs

Answers

Answer:

D

Explanation:

You can obtain any
through a loan,
borrowed money, or cash on hand.
A. business
B. asset
C. liability
D. employee

Answers

Answer:

C

Explanation:

Hope it's right

What are the 4 main types of economic systems?

Answers

The traditional, the market, the command, and the mixed economic systems are the four main types of market economies.

What is a market economy?

A market economy is a form of capitalism in which supply and demand-driven price signals influence decisions about output, consumer distribution, and expenditures. There are various types of market economies, from minimally regulated free-market and laissez-faire systems, where state activity is restricted to supplying public goods and services as well as protecting private ownership, to interventionist forms, in which the government actively takes part in resolving market inefficiencies and advancing social welfare. State intervention is possible in the economy's production, distribution, trading, and consumption sectors. Planned economies, as opposed to market economies, incorporate production and investment decisions into a thorough economic plan. The main method for allocating companies in a centrally planned economy is economic planning, not markets.

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1.All business processes must be owned by one and only one functional area in any organization.TrueFalse2.Which of the following define Efficiency in terms of organizations?a. making a system slowerb. making a system rightc. asking if a systems adds valued. optimizing how a system completes its function3. Business process management includes methods and tools to support the design, analysis, implementation, management, and optimization of business processes.TrueFalse4. In today’s business environment, it is rare for a company not to have a significant Web presence. This trend can be attributed primarily to:a. Technological pressuresb. None of thesec. Government regulationsd. Social responsibility5. The Internet reduces the barriers of entry for new competitors in an established industryTrueFalse6. The Internet can both reduce and increase the bargaining power of suppliers, depending on the specific circumstancesTrueFalse7 In recent years, companies such as Walmart and Amazon.com have offered streaming videos for rent on their Web sites. This is another example of how new technology has (check all that apply) (Select 2):a. Increased the threat of substitute productsb. Increased the supplier’s bargaining powerc. Decreased the buyer’s bargaining powerd. Increased the threat of new entrants8. Selecting and adhering to a single competitive strategy is sufficient to counter all of Porter’s five forces and be successful in the long term.TrueFalse9. Business-IT alignment refers to the synchronization of a company’s IT operations with its:a. Business objectivesb. Business environmentc. Infrastructured. Business processes10. A business process has inputs and outputsTrueFalse

Answers

False is the answer for question 1, there is no such law that all business processes must be owned by one and only one functional area in any organization

2. asking if a systems adds value 3. True, The conception, analysis, implementation, administration, and optimization of enterprise applications are supported by techniques and instruments used in business process management. 4.  This trend can be attributed primarily to Social responsibility 5. true, The entrance hurdles for new competitors in a mature market are lowered via the internet.

The general six functional areas of corporate management are strategy, marketing, finances, human resource management, equipment and technologies, and operations. All management planners should therefore concentrate on deeply researching and comprehending these subjects as they relate to the particular business. Employee functional domain teams share a common set of skills and expertise. For instance, the sales department of a business is an example of a functional area where all of the staff members are focused on promoting the company's products. Corporate functions are divided into functional zones to allow everyone to work within their areas of competence and to boost productivity and effectiveness throughout the company as a whole.

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A bill of materials contains the:

Check all that apply.

O type of each direct material needed to complete a unit of product
O quantity of each direct material needed to complete a unit of procluct
O quantity of materials to be drawn from the storeroom
O type of materials to be drawn from the storeroom

Answers

A bill of materials contains the: type of each direct material needed to complete a unit of product.  This is the Right response because as said in the above importance bill of materials contains all that an item requires to finish and direct material is a significant piece of it.

A bill of materials contains the kind of each immediate material, for example, natural substances expected to finish a unit of item.

This, at last, suggests that a bill of materials commonly contains different kinds of direct material and different details, for example, the unrefined substances expected to finish the assembling of a solitary unit of an item i.e a completed unit of an item.

Hence option (A) is correct.

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if i spend 20 dollars and gain it back is it a profit

Answers

No
To get profit it must be more than what you spent on something

Why is it important to display data visually?

Answers

Data visualization is the practice of rephrasing information into a visual environment, like a chart or graph, to make data easier for the mortal brain to understand and pull perceptivity from.

The main thing of data visualization is to make it easier to identify patterns, trends and outliers in large data sets. The significance of data visualization is simple it helps people see, interact with, and understand data. Whether simple or complex, the right visualization can bring everyone on the same runner, anyhow of their position of moxie.

Data visualization allows business druggies to gain sapience into their vast quantities of data. It benefits them to fete new patterns and crimes in the data. Making sense of these patterns helps the druggies pay attention to areas that indicate red flags or progress. This process, in turn, drives the business ahead.

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What is step 3 in the goal setting process?

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Step 3 in the goal setting process is to create an action plan. An action plan outlines the specific steps and tasks that must be completed in order to achieve the goal. It should include detailed steps and a timeline for completing each step.

What is goal setting process?

Goal setting is the process of identifying specific objectives that an individual or organization wishes to achieve. This involves setting both long-term and short-term goals in order to develop a plan of action. The process typically begins with an individual or team determining what they would like to achieve and then breaking down the larger goal into smaller, more attainable goals. The next step is to determine the resources needed to achieve the goal, such as time, money, or personnel.

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All of the following are benefits of online direct marketing for buyers EXCEPT ________.
A) access to numerous products
B) access to product reviews
C) live product demonstrations
D) convenience
E) privacy

Answers

C) live product demonstrations. Direct marketing is a means of delivering an offer in which firms speak directly to a pre-selected client and provide a direct response mechanism.

It is also known as direct response marketing among practitioners. Advertising, on the other hand, is a mass-messaging medium. Toll-free phone numbers, reply cards, reply forms to be mailed in an envelope, websites, and email addresses are all examples of response channels. The prominence of direct marketing and the unpleasant nature of certain messages has resulted in restrictions and legislation such as the CAN-SPAM Act, which requires customers in the United States to be able to opt-out of receiving marketing communications. According to the Direct Marketing Association, marketers (commercial and charity) spent $153.3 billion on direct marketing in 2010, accounting for 54.2% of all ad expenditures in the United States.

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Q.2 (4 points) Suppose the unemployment rate in the United State goes from 6.4 percentage in one year to 5.6 percentage in the next. (a) What is the percentage point decrease in the unemployment rate

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If we suppose that the unemployment rate in the United State goes from 6.4 percentage in one year to 5.6 percentage in the next, then the percentage point decrease in the unemployment rate will be 0.8%.

The unemployment rate in the United States has seen a decrease from 6.4 percent to 5.6 percent in the last year. This decrease equates to a 0.8 percentage point decrease in the unemployment rate, representing a significant drop in the number of people without jobs.

This decrease can be attributed to a variety of factors, such as increased job creation, improved job security, and better economic conditions. With the unemployment rate now below 6 percent, it is clear that the economy is improving, and this is a positive sign for all Americans.

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Amounts that are owed to a business are known as: Multiple Choice O accounts receivable. O accounts payable O capital. O expenses

Answers

Amounts that are owed to a business are known as Account payables. Option (b) is correct.

What is Business?

Business is a professional activity whose main function is to generate profit by buying and selling goods and services.

Accounts payable are amounts due to creditors for goods or services received that have not been paid yet.

Business liabilities are the amounts owed by a business at any one particular time. They're expressed as "payables" for accounting purposes. Unless you're running a complete cash business. paying and collecting only in cash, your business probably has liabilities.

Therefore, Option (b) is correct.

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What are the three areas of focus of Accenture's multi party system?

Answers

Supply chain, digital identification, and financial services, are the three areas of focus of Accenture's multi party system.

What is Accenture's multi-party system?

In Multi-party Systems, Accenture's job is to "assist a single organization in developing a data ingress platform."

Enabling data standardization across organizations. Introducing token features that enable the creation of digital twins of physical assets, the transfer of value, the creation of tokenized incentives, and the fractionalization of ownership of assets.

The following is a list of significant benefits of applying blockchain technology in Accenture:

Since it is an immutable public digital ledger, transactions that have already been recorded cannot be changed.Blockchain is always safe because of its encryption nature.Since the ledger is automatically updated, the transactions are executed right away and in full transparency.A middle charge is not required because the system is decentralized.Participants check and affirm the validity of the transaction.

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A customer would buy index calls if she is A) bullish on a particular over-the-counter stock. B) bullish on the broad market. C) bearish on a particular blue-chip stock. D) bearish on the Fortune 500 stocks.

Answers

When a business offers shares of its company to raise money for present and upcoming operational needs, publicly listed stocks are established.

Who Invented the Market?

The famous remark made by British scientist Adam Smith in the 18th century that "The division of labor relies upon the breadth of the market" holds the key to the present understanding of the market. He predicted that contemporary industry would rely on a huge market for its goods to grow.

The first market opened when?

It is said that Persia is where the first bazaars first appeared, from which point they expanded to a Middle East as a whole and Europe. Documentary evidence indicates that zoning laws restricted commerce to certain areas of towns from approximately 3000 BCE, providing the circumstances required for it.

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salons are required to be inspected by an authorized agent of the board at least once every

Answers

Salons, barbershops, schools, and tanning facilities should be inspected at least every two years.

California law requires you to be a cosmetologist or beautician licensed before you can start your business. To obtain a license, you must meet state educational requirements and must be completed at a state-licensed barber or hairdressing establishment.

A separate room or rooms for providing beauty services must be provided and approved for home-maintained salons.

Anyone can start a beauty business from home. If you're confident in your skills, no problem. For some people, a home beauty business is a dream job and even a side income.

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Salons are required to be inspected by an authorized agent of the board at least once every 2 years.

In accordance with the Health and Safety at Work Act of 1947, what are your salon duties?

Health and safety regulations impose the following obligations on employees: to protect their own health and the health and safety of others. to collaborate with employers regarding health and safety, which entails adhering to instructions given to employees through health and safety training, as described previously.

When should a beauty salon conduct risk assessments?

Any new activity or modification to an existing activity should be subjected to a risk assessment.

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Full Question = salons are required to be inspected by an authorized agent of the board at least once every ____ years.

Under FINRA rules, members are prohibited from soliciting votes from limited partners in connection with a proposed rollup unless any compensation to be received by the member A) does not exceed 5% of the value of the securities to be received in the exchange. B) does not exceed 15% of the value of the securities to be received in the exchange. C) does not exceed 10% of the value of the securities to be received in the exchange. D) does not exceed 2% of the value of the securities to be received in the exchange.

Answers

In connection with the DPP Rollup, a Member Firm may not solicit a restricted partner's vote unless the compensation is 2% or less of security values to be received in exchange.

Who does the FINRA rule apply to?

FINRA rules often require discretionary accounts to be reviewed by principals to uncover potential abuse, such as termination. Non-discretionary accounts should be reviewed periodically. FINRA regulates broker-dealers, capital acquisition brokers, and funding portals. Broker-dealers are in the business of buying and selling securities on behalf of their clients and/or their own accounts.

Who manages FINRA?

NASD and members of the New York Stock Exchange in regulatory, enforcement, and arbitration proceedings. The U.S. government agency that serves as the highest regulator of the U.S. securities industry, including FINRA, is the U.S. Securities and Exchange Commission (SEC).

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. You can leave the station and start dellvering as soon as you finish loading your vehicle. True False

Answers

You can leave the station and start delivering as soon as you finish loading your vehicle. This statement is false.

Deliveries that require a signature can not be left unattended.

Honking the horn lets others around us know that we are their and are moving.

Slips, trips, and falls, Struck by an object, and pushing and pulling. Amazon is all about safety and well being of employees.

One cannot wear headphones inside the station or during the route.

One should check the mirrors every 5-8 seconds.

To eliminate distractions, one need 8-15 seconds for eye-lead time.

One should wait at an intersection after the vehicle ahead starts moving.

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What role do government agencies play in a mixed economy?

Answers

In a mixed market economy, the government's job would be to control various parts of distribution and production.

What is production?

The process of transforming raw materials, unfinished goods, or manufacturing inputs into finished goods or products is known as production. In other words, it involves creating anything out of basic elements. Another definition of production is the things that are produced. For instance, a "production run" is what some businesses call a collection of things produced at the same time. Both of these explanations are valid. Essentially, it relates to a production process or its results. In economics, the word "manufacturers" refers to producers. These companies manufacture goods that they subsequently market to customers. As an example, a clothing company creates garments for its clients. Businesses have already embraced the tendency to outsource their manufacturing talents in order to avoid having to do it themselves.

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If the reserve ratio is 4 percent, then $81,250 of new money can be generated by
a. $325 of new reserves.
b. $3,250 of new reserves.
c. $20,312.50 of new reserves.
d. $2,031,250 of new reserves.
please explain how you got your answer!

Answers

If the reserve ratio is 4 percent, then $81,250 of new money can be generated by $3,250 of new reserves. New money = 3,250 * 25 = $81,250. So if the reserve ratio is 4 percent, then $81,250 of new money can be generated by $3,250 of new reserves.

The reserve ratio is the percentage of deposits that banks must hold in reserve. In this case, the reserve ratio is 4 percent. This means that for every $100 of deposits, the bank must hold $4 in reserves. To calculate how much new money can be created from a certain amount of new reserves, we can use this formula: New Money = New Reserves * Money Multiplier. To calculate how much new money can be created, we can use the money multiplier formula: Money multiplier = 1 / reserve ratio. In this case, the money multiplier is 25.

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trish asks her customer, "who do you buy your supplies from now?" which type of question is this?

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Trish asks her customer, "who do you buy your supplies from now?" and it is the type of survey question.

In order to gather information about a company, commodity, or procedure, a survey is described as the act of looking at a process or questioning a predetermined sample of people. Surveys are mostly utilized to gather information by asking some people about their beliefs, actions, or knowledge.

Consumer input is gathered through customer questionnaires. They aid businesses in doing market research, measuring customer engagement, determining expectations, and gauging customer satisfaction. The responses you get will give you useful information about what inspires, intrigues, and irritates your customers.

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Extra compensation items that are not paid directly to an employee are called O A. bonuses O B. commissions O C. benefits O D. wages

Answers

Extra compensation items that are not paid directly to an employee are called benefits.

Extra compensation for employees is a great way to show appreciation for their hard work and dedication. Offering bonuses or incentives for achieving specific goals is a great way to encourage team members to strive for excellence. Employee benefits are very important.

Performance-based compensation plans reward employees for their individual accomplishments and can help increase motivation, productivity, and loyalty. Providing additional benefits such as flex time, telecommuting, and childcare support can help create a better work-life balance, further boosting employee satisfaction and productivity.

Hence, the correct option is "C".

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Why was there no unemployment in the USSR?

Answers

Officially, there has not been unemployment in the Soviet Union since 1930. However, it is becoming increasingly difficult for the Russians to ignore the rising number of unemployed people.

Was there full employment in the USSR?

Over the course of more than half a century, the Soviet Union's various leaderships kept their word on the promise of full employment. However, job security existed even before the nation collapsed at the end of 1991; The stark reality of unemployment had emerged.

Was poverty eradicated in the Soviet Union?

The skyrocketing rates of poverty have steadily decreased ever since the fall of the Soviet Union. From 1998 to 2003, around 40 million people were able to escape poverty, despite some growth disparity between urban and rural areas and among different economic classes.

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The present value of a $25,000 perpetuity at a 14 percent discount rate is ________.
A) $178,571
B) $285,000
C) $350,000
D) $219,298

Answers

Answer:

A) $178,571

Explanation:

Present Value = $25,000 / (discount rate x 1.14)

Present Value = $25,000 / 0.14

Present Value = $178,571.43

the line from the actor to a use case is called a(n) ____.

Answers

The line from the actor to a use case is called a(n) association

Because there is a clear connection between an actor and a use case, this suggests that the actor and the use case are related. A use case diagram in the Unified Modeling Language (UML) can condense the specifics of your system's users (sometimes referred to as actors) and their interactions with the system. You'll need a specific set of connectors and symbols to construct one. Stick figures represent the actors in the process, and a line connecting the actor and use case models their involvement in the system. Draw a box all the way around the use case to represent the system boundary.

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The primary or dominant values that are accepted throughout the organization are:
A) core values.
B) formalized culture.
C) jargon.
D) mini values.

Answers

(A)The primary or dominant values that are accepted throughout the organization are core values ​​.

In business terms,the organization refers to the set of people or individuals who come together to achieve organizational goals.They are organized in such a way that they are known as a group that performs similar or related tasks.In an organization,values play a very important role in the proper functioning of employees.The values that guide the organization,whether they are working on the right track or not. Core values are primary or dominant value these are accepted by the majority of the members of the organization.The dominant culture expresses the core values that are shared by most members of the culture of an organization defines the correct way to behave within.This culture consists of shared beliefs and values established by external and internal organizational environments and corporate cultural norms,values and beliefs to help its members achieve an effective organizational culture in the corporate group.The interview data were findings of core corporate values that included their well-being.

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a. greater specialization and to a higher standard of living. b. a higher standard of living, but not to greater specialization. c. neither greater specialization nor to a higher standard of living. d. greater specialization in production, but not to a higher standard of living.

Answers

Answer:

a

Explanation:

an increase in specialization the production of goods and services will lead to an increase in the standard of living

What is excise tax simple definition?

Answers

Fuel, airline tickets, large trucks and highway tractors, indoor tanning, tires, cigarettes, and other commodities and services are typically subject to federal excise tax.

A tax levied on the sale of particular goods or services, or on particular uses, is known as an excise tax.

Indirect taxes known as excise taxes are imposed on a certain range of commodities, services, and activities. Excise taxes apply to items like tobacco, motor gasoline, and other highly regulated goods. Excise tax is another possibility for some actions, such as using the highway.

Excise tax reduce consumption and improve health Consumer prices are typically increased as a result of excise taxes, which lowers consumer demand for taxed goods.

A government may impose an excise tax on particular goods and services to discourage consumers from purchasing them or to offset the social expenses they entail. Excise taxes specifically target goods like fuel, tobacco, and weapons as opposed to ordinary sales taxes, which are applicable to large segments of commerce.

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Your savings account pays 1. 75% interest per year. You make a $500 deposit. How much interest does the account earn in the first month. A) $. 14 b) $. 17 c) $. 50 d) $. 73.

Answers

Possibility b is correct. The interest the account earns in the first month is $17.

The annual interest rate is the annual interest rate, assuming interest is compounded each year. For example, a $10,000 loan with an annual interest rate of 5% will cost you $500.

Annual interest rate is applicable only to the principal loan amount. With practice, it becomes more convenient to compare different interest rates from different sources when looking for a loan.

First, multiply the principal P, the interest rate R, and the holding period T by the number of years. For annual interest, divide the P*R*T result by 100. To get monthly interest, divide simple interest by 12 for 1 year, divide by 24 months for 2 years, and so on.

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The account earns $17 in interest in the first month.

Hence, Option B is correct.

How does it occur?

Assuming interest is compounded annually, the annual interest rate is the annual interest rate. For instance, if the annual interest rate on a $10,000 loan is 5%, the cost to you will be $500.Only the loan's principle is subject to the annual interest rate. When looking for a loan, it gets easier with time to compare various interest rates from various providers.First, increase the number of years by the principal P, interest rate R, and holding term T. Divide the P*R*T result by 100 to get the yearly interest rate. Divide simple interest by 12 for a year, by 24 for two years, and so on to obtain monthly interest.

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Who is a benefits consultant?

Answers

An expert who provides business clients with advice on insurance, employee benefits, and other products is known as a benefits consultant.

A Benefits Consultant: What Is It?

A benefits consultant advises a company on matters relating to insurance, retirement funds, and healthcare programs. Firms utilize benefits consultants because they are neutral toward all businesses. Benefits consultants give recommendations depending on what the client would value the most. One of your responsibilities as a benefits consultant is to talk about benefit packages and the full range of plans available to a client's employees. Using a range of data analysis technologies, you conduct internal audits of a company's operations and finances before making suggestions for cost-effective but employee-beneficial programs. Plan management, financial audits, or design are just a few of the areas in which certain benefit consultants are particularly skilled.

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____________________ provides tracking of events.

Answers

Accounting makes it possible to track events. A business can keep track of many kinds of financial activity using an accounting system, including purchases (expenses), sales (invoices and income), and commitments (financing, accounts payable), among others.

In accounting, what does the word "event" mean?

An accounting event is any change to the information that is recorded in a company's financial records. Using either a journal entry or an entry using one of the modules of the accounting software, this incidence is recorded as a business transaction in the company's bookkeeping system.

The accounting system records what kinds of events?

The accounting records must include information about every economic event that has an impact on the company's finances. Accounting events include things like the depreciation of an asset being recorded, dividends being paid to shareholders, materials being purchased from a supplier, and goods being sold to customers.

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The role the government plays and the characteristics of local business environment

Answers

Answer:

Explanation:

The government's role in business includes protecting the consumer or customer. When a vendor fails to honor the guarantee, the purchaser has recourse in the law. likewise, when a product causes harm to an individual, the courts may hold the vendor or manufacturer responsible.

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