50 pts if correct
which best describes adam smith’s view on economics and government involvement in business?
he believed the catholic church should oversee a nation’s business and commerce.
he wrote the communist manifesto and believed the government should control commerce.
he believed in a laissez-faire policy in which the government does not interfere in commerce.
he preached enlightened absolutism and the monarchy’s control of business and commerce.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position