Before you could train as a physician, you first had to become, a SCRIBE
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The answer is B) Specialization characterizes the division of labor
A Post-Industrial economy is characterized by various factors, such as the change from manufacturing to the service sector. You can see examples of Post-Industrial economies in Western Europe, Japan, and the US.
A key characteristic of Post-Industrial economy is the specialization of labor and the requirement for highly skilled workers, who replace the manual and non-qualified workers in factories.
a small piece of ownership in a company - stock
a company’s initial offering of stock - IPO
a portfolio of stocks and bonds - mutual funds
a public stock exchange - NASDAQ
True, A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.
What does market size actually mean?
- The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
- For a number of reasons, it's critical to determine and comprehend market size.
What is an example of market size?
- For instance, a shoe company might find 100,000 people who are interested in its product, but data on income and accessibility reveals that only half of them have the resources to make a purchase.
- The market that is open in that situation has 50,000 potential customers.
Learn more about market size
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