Answer:
Correct Answer:
B. takes its origin from two sources: management consultant D. Edward Deming and Italian economist Vilfredo Pareto.
Explanation:
<em>In the public information training series, the best option for the theme in question which was been described is the Option B which shows that, it got its origin from two different sources.</em>
BRCK is an example of a <u>International company . </u>
<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>
Explanation:
International companies are those companies that sell their products Globally,but when it comes to production they prefer ,to carry out the task in developing countries mainly because the governments in developing countries offer various incentives to international companies like lower taxe rate and less legal regulations, with the intention of encouraging them to to set up factories.
<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>
<u></u>
<u>Thus BRCK IS AN EXAMPLE OF AN INTERNATIONAL COMPANY</u>
Answer:
Equilibrium GDP = C+ I+ G+ X
Where: Y = GDP
C = Ca = a+bYd
I = Ig
G = G
X = Xn
Yd = Y-T
T = 0.2Y
Y = C+ I+ G+ X
Y = a + bYd + I +G + X
Y = a + b(Y-T) + I +G + X
Y = a + bY - bT + I +G + X
Y = a + by - b(0.2Y) + I +G + X
Y = a + bY - 0.2Yb + I +G + X
Y = a + 0.8Yb + I +G + X
Y - 0.8Yb = a + I +G + X
Y(1 - 0.8b) = a + I +G + X
Y = (a + I +G + X)/(1 - 0.8b)
That is the equilibrium GDP is Y = (a + I +G + X)/(1 - 0.8b)
Explanation:
Equilibrium GDP is also called equilibrium level of national income. This is the condition that must prevail for planned expenditure to exactly equals planned income or output in an economy. this is represented by the general equation of Y = C+ I+ G+ X-M but for the purpose of this question M which represent import was not introduced.
The consumption function of C = Ca = a+bYd is a Keynesian consumption function, it shows aggregate planned expenditure by household
Ig represents investment expenditure of the firm
Xn represents export while
G represents government expenditure on goods and services
T represents tax which varies with income level
