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grin007 [14]
3 years ago
6

Which standardized metric of output is used to gauge the size and market potential of an economy?

Business
1 answer:
Nadusha1986 [10]3 years ago
5 0

Answer:

The standardized metric of output used to gauge the size and market potential of an economy is the Gross Domestic Product.

Explanation:

The Gross Domestic Product is the value of goods and services that are

produced in a country in a certain time and it is consider an important indicator to analyze the state of a country's economy. The value of the goods and services produced is considered the size of the economy.

Also, as the GDP is an indicator of how the economy is doing, businesses tend to use it to predict if the sector will grow or not.

You might be interested in
As the Chief Financial Officer for a metal refinery, Kaylee disagrees with using a turnkey strategy to enter into the Asian mark
denpristay [2]

Answer:

Take a minority equity interest in the operation.

Explanation:

Multiple Choice

a) Sell competitive advantage to competitors.

b) Agree to import another product from the Asian market.

c) Take a minority equity interest in the operation.

d) Withhold vital process technology from the local firm.

e) Establish a franchise operation.

A turnkey strategy is a market entry position where the project is built from the ground up and turned over to the client ready to go – turn the key and the plant is operational. This is a very good way to enter foreign markets as the client is normally a government. While when one takes a minority equity interest they do not have the votes to control the operations and finances of the the company’s business.

Kaylee, the Chief Financial Officer for a metal refinery, Kaylee reasons that the company doesn't have longterm interest in the Asian market advises to take a minority equity interest in the operation in order not to lose financially.

4 0
2 years ago
What are two examples of high-tech industries?
-BARSIC- [3]

Answer:

Idk if this is the right answer but I Google it and I got virtual reality/artificial intelligence and autonomous vehicles

4 0
3 years ago
Blue Vibrance Company sells a product used in many manufacturing processes. The sales activity involves three activity areas: Ac
hjlf

Answer:

The answer and procedures of the exercise are attached in a microsof excel document.

Explanation:

After a research on internet I found the exercise and the questions better explained. The correct formulation is attached as an image. Please let me know that we are looking to the same exercise.

Please consider the data provided by you. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx
3 0
3 years ago
The skillful supply chain manager declared she would not only disaggregate cycle inventory, but she would also aggregate safety
Elena-2011 [213]

Answer:

a. high value and high demand.

Explanation:

Since the skillful supply chain manager declared she would not only disaggregate cycle inventory, but she would also aggregate safety inventory and use an inexpensive mode of transportation for replenishing cycle inventory and fast mode when using safety inventory for her product that had high value and high demand.

Generally, when dealing with the transportation of goods that has high value and high demand, it is necessary and important that manufacturers or suppliers use the fast mode in order to meet up with their consumer's increasing demand. Simply stated, an increase in the demand for goods and services should be met with an increased supply, so as to reach equilibrium.

For the safety inventory, which are extra level of goods carried for the purpose of mitigating consumer demand that exceeds the amount forecasted by the manufacturer or supplier in a given period of time.

She decided, she would use a fast mode of transportation for safety inventory of goods with high value and high demand.

The replenishing cycle inventory involves the process of restocking or resupplying a retailer and distributor, when they place a replenishment order.

3 0
3 years ago
Isabella is working with her boss on how to achieve the goals that have been set for the next year. So far they have agreed that
EastWind [94]

Answer:

B) MBO

Explanation:

An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.

The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).

Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.

4 0
3 years ago
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