cintaeerenez cintaeerenez
  • 26-02-2017
  • Business
contestada

How is the principle of open opportunity different from guaranteeing success to everyone in the marketplace?

Respuesta :

Hagrid
Hagrid Hagrid
  • 10-03-2017
The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.

Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
Answer Link

Otras preguntas

Freddy paid w dollars for a camera and $120 for an additional camera lens. If the sales tax is 8%, how much did Freddy pay for the camera and lens, including th
What is the relationship between the fractions 2/3 of 3/4??
What is the growth of abnormal cells and tissues of the body?
How do you Evaluate an equation doing dry run ? In C++ language whats the order for using the operators like +, -, /, * ? For Example (2-5+10*3/4)
Which is a physical change of iodine?
A character faces an internal conflict. What kind of conflict is this?
What is the ratio 63:28 as a fraction in simplest form?
Which equivalent fractions can you use to find the difference of 5 and 3/13 and 1 and 4/9 ?
You invest $5,000 in an account earning simple interest. the balance after 6 years is $6,200. what is the interest rate?
What state of matter has the hightest density?