Private individuals have greater influence in a free-market economy than in a command economy

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: In a free-market economy, production and distribution of goods and services are controlled by individuals, not by the government, as in command economies.

Business

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An advantage of downsizing is

a. decreased costs in the long run. b. layoffs. c. one-time losses. d. reduced communication.

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Which of the following is not part of the three-prong test to determine standing created

by the court in Association of Data Processing Service Organizations v. Camp? a. Plaintiff must be within the zone of interest protected by the statute or the constitutional guarantee in question. b. Plaintiff must suffer an injury in fact. c. There is a likelihood that the injury will be redressed by a favorable decision. d. Plaintiff has a verifiable intellectual or metaphysical interest in the issue.

Business

Cash flow from operating activities is often less stable from year to year than the amount of net income reported on the income statement.

Answer the following statement true (T) or false (F)

Business

Which of the following is not included in the set of innovative rules that 3M follows, which encourages employees to foster ideas?

a. Don't kill a project. b. Keep divisions small. c. Try to eliminate failure. d. Share the wealth.

Business