Business

What is the invisible hand? What will be an ideal response?

QUESTION What is the invisible hand? What will be an ideal response?   ANSWER Adam Smith used the term to describe the natural force that guides a competitive marketplace. He believed that an individual, acting out of self interest when exchanging goods and services, actually benefits society. Buyers and sellers decide how much product they […]

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Date: September 3rd, 2020

What are some common items that appear on the “To Do” lists of success

QUESTION What are some common items that appear on the “To Do” lists of successful entrepreneurs? What will be an ideal response?   ANSWER Successful entrepreneurs act in certain ways. To act like an entrepreneur, take on responsibility, cope with risk, stay optimistic, set goals and stick to them, solve problems and learn from them, […]

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Date: September 3rd, 2020