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Ingrid M.
Teacher four four years
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Agricultural Economics
TutorMe
Question:

What is an economic problem?

Ingrid M.
Answer:

People have unlimited wants and needs, but limited resources to fulfill these needs and wants.

Accounting
TutorMe
Question:

Why is it important to analyze financial statements?

Ingrid M.
Answer:

To check the profitability of the business. To check whether the business is able to buy its own debts.

Business
TutorMe
Question:

What are the functions of a business?

Ingrid M.
Answer:

In the process of running a business, many different functions need to be performed. The usually categorized into eight different functions: General management, Purchasing, Finance, Marketing, Administration, Human resources and Public relations.

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