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question 6 what are the different types of work?

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question 6 what are the different types of work?

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full time is when you work a minimum of 38 hours and once a year you get a holiday pay

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Networking is the way people can build relationships with others that may be helpful in the future. It. can be useful for many reasons, Entrepreneurs can rely on contacts or connections to help them with funding or money to start their business. They can also build their business by developing relationships with their customers who then may recommend the business to others.

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an entrepreneurial skill is planning which entrepreneurs need to be able to plan in order to make their ideas a reality. we don't know what will happen in the future, possibilities. entreprenuers need to make plans and strategies order to turn their ideas into a real business . for instance they might plan : goods and services a business will provide and sell.

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The circular flow of income is a neoclassical economic model dipicting how money flow through the economy. The economy is modeled as consisting of household and firms. Money flows to workers in the form of wages, and money flows back to firms in exchange for products. The circular flow model shows how consumers and produces rely on each other, or are interdep

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an example of a environmentally friendly company that responded to customer demand would be Toyota the car dealer they make hybrid cars which will lower the pollution in the earth and not waste the oil in the world because the run on oil.

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Their planning skills because all sucessful entreprenurs that are famous now always had a plan in their heads before they were entreprenurs and did alot of talking and they had to change their plan so that it would fit their business

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A skill of an entrepreneur is Problem solving. A major part of an entrepreneur is having the ability to solve problems. it's usually in the process of solving problems that entrepreneurs come up with an idea for a business or organisation. this ability to problem solve is also important for keeping up with and responding to the business environment

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Needs are something you need to survive like food, water and shelter. Wants are something that you don't need but desire to have like an iPad, Xbox or PlayStation.

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Supply is how much the market can offer and demand is is how much of a product a consumer desires. The quantity demand is the amount of product the people are willing to buy at a certain price

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The factors that influence setting prices is it is an unsuccessful business because if a business sets a price too high people wont want to buy it. Another reason people might change their prices is the resources they have sold in the past has gotten rarer to obtain, they will have to make the price higher due to its rarity. They might also change the price the price to compete with other businesses, because the business that sets the lower price will attract more customers

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Provide a skill or a characteristic of an entrepreneur.
One skill of an entrepreneur is demonstrating initiative.
this means they take action before others when they see an opportunity or problem that needs to be addressed. They keep up with changes, developing new ideas and acting on them to stay ahead of the competition and becoming or remaining leaders in their chosen field. the business environment is constantly changing, as fashion and trends change the needs and wants of consumers .

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People work for many different reasons, but the main reason is to earn an income. It is good for your health and wellbeing. You can get social interaction even when work is quiet. BY DLEGEND BRAE DOG

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Consumers in wealthier nations such as Australia have become increasingly conscious about the effects of their consumption of their physical health in recent decades. Many fast food chains such as McDonald's now offer healthier options in response to consumer demand.

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When the price goes up the demand goes down. For example when something happens to all the produce the price could be high because they need money, no one would want to buy something expensive so there would be no demand.

When the price goes down the demand goes up. For example an item at the supermarket went one sale everyone would want to buy it while it was cheap so the demand goes up.

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q6 matt full-time work is when someone works a minimun of 38 hours per week. they recive a sick pay and a holiday pay every year

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q6 matt full-time work is when someone works a minimun of 38 hours per week. they recive a sick pay and a holiday pay every year

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Producers make goods or provide services to earn money.Producers set the price of a good or service based on its supply or demand. producers think about what consumers want and the price consumers will pay.them they make a supply

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The different types of work, there are full time workers that work for a minimum of 38 hours per week, then we have part-time workers that work a minimum of 32 hours a week per week, then your casual workers, work maxinum of 24 hours per week.

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There are 2 types of reasons to work. They are material and non material reasons to work. Material reasons is going to work to earn an income that can buy you a house, food, clothes anything you need. Non material reasons is the ability to gain skills and it is also helping others such as volunteer work to clean up a beach or help out at a retirement home. So people work for an income or just for skills/ helping.

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The circular flow model is the movement of money and products in the economy. There are 4 sectors to the model, household-provide their labor to the business-, purchase of goods and services-buying products-, businesses-use your labor to make products-, and payment of wages and salaries-the money you earn from your job.

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What factors influence a business' decision to set a price?

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the difference between needs and wants is that without your needs like food, water, clothes, and shelter you wouldn't be able to live but wants like xbox, VR, ps4, and tv you can live without.e.g you need water but you want it to be cold.e.g you need to eat but you want bbq/tomato sauce and salt.

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A skill from an entrepreneur is planning which is what goods and services business will provide or sell.

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EXPLAIN the circular flow model.

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What is the difference between needs and wants. Provide examples

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What is supply and demand?

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Provide examples of what happens to demand when the price goes up and down for a product.

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Why do people work?

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What are the different types of work?

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How does a producer respond to consumer demand

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Provide a skill or a characteristic of an entrepreneur.

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Provide an example of a company that has responded to a Health Conscious consumer demand

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Provide an example of a company that has responded to a Environmentally Friendly consumer demand

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Provide a skill or a characteristic of an entrepreneur.

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Provide a skill or a characteristic of an entrepreneur.

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Provide an example of a company that has responded to a Socially Responsible consumer demand