Tesla roadster Essay Example | Topics and Well Written Essays - 3000 words

Tesla roadster - Essay ExampleThese resources be brought together under leadership. This activity all operates under the constraints of era. in that respect atomic number 18 agreed upon rules for the orderly mathematical operation of society. These rules are enforceable. An example is the inventory that is gasoline. There must be rules for safety. Different jurisdictions leave alone have jolly different guidelines. The end result will be the same. A thing is never responsible for an military action or in action. This reality of action is at the heart of the benefits and responsibilities of ownership.This law aspect sets the parameters for all that will follow in the decision making process. This gives the choice of having a proprietorship or partnership. Or we whitethorn choose to have a corporation. The corporation may be public or it may be private. This legal arrangement sets the tone for the inflow of finance and economics. Finance is the glue that makes avocation possibl e.This area deals with the attention of funds. Inventory results in the use of funds to acquire it. In finance there is the added requirement of insurance. This is a protection of funds in the event of loss.This area deals with the management of scarce resources. There are confine human resources. There is limited funds and space. The products for sale are limited. Of course there is a time limit. The business has to operate with a view to accounting periods. The inventory itself is a scarce resource.There are many approaches. One of them is to consider the flow of money as made up of four parts. There is the flow to land as rent, then the flow to labor as wages, next is the flow to jacket as interest and finally the flow to entrepreneurship as profits.Another approach is to consider the business activities with five dollar bill segments. There is finance, marketing, production, labor and research and development. This is a popular and in many cases very helpful when considering business activity.