Answer:
1. 0
2. $ 175,000
Total from the two events : $ 175,000
Explanation:
GDP in each year only increased if the goods or services are produced within that year. An old house was produced in the past year. The value of that house is already calculated and included in the past GDP. This is why selling an old house do not raise the GDP in the current year.
Buying a newly constructed house is increasing GDP since it's being produced within the year of GDP period.
Answer:
Glocalisation
Explanation:
Thirst, a beverage manufacturer is involved in glocalisation by marketing its products using the same strategy globally. However, the ethnicity contained in their ads and the music used in jingles change according to the place. This is to say that they make use of ads which is particular to a specific location taking their culture and language into consideration.
The term "glocalization" was coined by sociologist Roland Robertson in the Harvard Business Review, in 1980.
Glocalization is a combination of the words "globalization" and "localization".
Glocalization is used to describe the ability of a product or service that is developed and distributed worldwide to adjust and accommodate the consumer in a local market.
Consumers in the local market have different taste and preference. Glocalisation is the ability of a product sold globally to fit into the local market at different places. It is an expensive process but firms usually make more benefits from practicing glocalisation.
Answer:
A)If interest rates decline, the prices of both bonds will increase, but the 15-year bond would have a larger percentage increase in price.
TRUE
As it has more time to maturity it will have a higher time expose to the rate therefore, will be more volatile against the rate fluctuations
Explanation:
The 10-year ond is issued at premium, above par as the coupon rate 12% is higher than market rate 10%. Each year will decrease the market value to come closer to maturity date.
The 15-year ond is issued at discount, below par as the coupon rate 8% is lower than market rate 10%. Each year will increase the market value to come closer to maturity date.
Answer:
<h3>
Implementing ERP system:
</h3>
- Choose the number of Employees who helps you.
- Enumerate your Goals, Objectives, and Problems.
- Select your ERP System.
- Maintain your data.
- Set enough hands-on training on the spick-and-span ERP System.
- Confirm and go live
<h3>
Supply chain systems
:</h3>
It is a system in which the people, information, activities, resources, and organization are included in ongoing services or a product from a supplier who supplies the product or services to their customers.
Its activities hold the transformation of components, raw material, and natural resources into the finished or the complete product to their end-user.
After testing the right data movement, it is necessary to go for the testing of ERP system to correct any issue before going live. This also involves confirming functionality and confirming the transactions, specific interfaces, reports and business processes are working in the right way.
Explanation:
In the above answer, we have discussed the implementing of an ERP system and supply system chain and identifying and minimizing the risk and after all, we discuss go-live planning and issue resolution.
Answer:
If the firms want to maximize profit and they are price takers, they will eventually start hiring more women. Since the demand for female workers is lower, the price of their labor should also be lower. That means that if a firm wants to maximize its profits, it will need to decrease its costs. A way to decrease a company's costs is to hire cheaper labor.