money is a a) static factor b) dynamic factor c) contingent factor d) all of above
Answers
Answer:
b) Dynamic Factor...
May be true answer..
Explanation:
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Money is a ?
a) static factor b) dynamic factor c) contingent factor d) all of above
The correct answer is :
b) dynamic factor
Explanation :
Money is a dynamic factor, as money facilitates exchange beyond limits. Investment of money facilitates accumulation of wealth.
Money facilitates the influence of money from one place to another, within and outside different countries. Money is one factor that helps in economic stability and gives a new impetus to the development of a nation.
Money is a dynamic factor because its mobility is what makes it most useful. If money does not move, it will be useless and will not be of any importance. The mobility of money is what makes it most important.
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Increased life expectancy of people and increased awareness for health care have increased the demand for many health products and services like coke, fat free cooking oil, and health resorts. New health products and services have in turn changed people's lifestyles. Which feature of business environment is highlighted above?
(a) Inter-relatedness (c) Complexity
(b) Dynamic nature (d) Relativity
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Organising process includes one of the following
1 Grouping of activities
2 Prescribing disciplinary action
3 determining objectives
4 Prescribing work schedule