1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatuchka [14]
3 years ago
14

gdp is the best measurement of a country's economy. explain why you agree or disagree with this statement

Business
1 answer:
Sonja [21]3 years ago
3 0
GDP is designed to assess the production of goods in a market economy by output. However, it is not efficient in accounting for public and private services that without output that are easily countable by the number of units produced. GDP is not also well suited in measuring improvements in the diversity and quality of goods and services. It is also poor in estimating the depletion of resources. Finally, it doesn't also reflect the degradation of the environment involved in the production process.
You might be interested in
Martha is a sales representative at tango technologies where every month, she is expected to meet her quota of $10,000. for the
tangare [24]
The trait that best describes Martha is "Machiavellianism".

Machiavellianism in psychology alludes to an identity characteristic which sees a man so centered around their own particular advantages they will control, betray, and abuse others to accomplish their objectives. Machiavellianism is one of the qualities in what is known as the 'Dark Triad'.
3 0
3 years ago
Read 2 more answers
"Melinda!" bellowed Torn to the company’s HR specialist, "I’ve got a problem, and you’ve got to solve it. I can’t get people in
Morgarella [4.7K]

Answer: Yes training is the solution, training is the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. b.To improve productivity, to solve operational problems, to reduce wastage of materials, to boost employees morale. C. Identify training need, define programme objective, design training programme, implement training programme, monitor feedback during couse

Explanation:

a.

Training can be defined as the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. The main objective of training is to achieve a change in behaviour of those workers trained. Training help the workers to acquire technical knowledge and the problems solving skills in which they can utilized on the job in order to achieve the organizational goals and objectives.

b. The need for training includes the following

1. To improve productivity on the part of both the employees and the organization

2.Training helps in solving operational problems such as reduction in the accident in the workplace, Labour turnover, absenteeism, and grievances rate in the workplace.

3. Training help the organization in reducing the wastage of materials used in the production of goods as well as to ensure better utilization of machines used in production of goods.

4. Training helps in boosting the morale of the workers in the organization, in the sense that as the workers acquired new skills it will make them a better workers which increase their market value and enhanced their earnings power which in the long run lead to job security and self actualization for the workers.

5. Training helps in filling the vacancy for specific manpower need which is crucial to the organization survival but which is very difficult to fill through the external recruitment process

6.Training helps in formation of new altitudes for the workers which will help the workers to contribute their quota towards the achievements of the organizational goals and objectives.

c. The summary of the need assessment include the following

1 . Identify the training needs

2. Define the programme objective

3. Design training programme

4.implement training programme

5. Monitor feedback during the course of training

6. Place training participants back on their jobs

7. Conduct post course evaluation to determined the benefits of the training programme.

7 0
3 years ago
_____ is the authority granted by a domestic firm to an overseas firm for the rights to produce and market its product or to use
brilliants [131]

Answer:

Foreign License

Explanation:

According to my research on different licensing agreements, I can say that based on the information provided within the question the term being described in the question is called a Foreign License. Like mentioned in the question this type of licensing is an arrangement between two companies to manufacture, distribute and sell the first companies product in countries outside the country of Origin.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
In a democratic capitalist environment the price mechanism automatically becomes the planning tool for its homeostasis; what is
Feliz [49]

Answer:

In a market economy, the price mechanism is indeed the primary coordinator of the decisions of buyers and sellers, because the price for goods and services adjust to an equilibrium point, where demand and supply are equal.

However, the public sector still has two important functions in this enviroment:

  • Correcting market failures - a market failure is a situation in which the market does not produce a good outcome. An example of market failure is pollution. Market failures can be corrected by government intervention, for example, by setting anti-pollution regulations.
  • Providing public goods - some public goods are not provided by the private sector because they are not profitable. The public sector can therefore step in and provide this type of goods.

6 0
3 years ago
When creating video marketing content on a budget, what is the first thing you should consider doing?
ozzi

Answer:Shooting as much as you can and culling it later

Explanation:

4 0
3 years ago
Other questions:
  • When a company bills a customer for $700 for services rendered, the journal entry to record this transaction will include a $700
    9·1 answer
  • Why do religious economists believe that competition among secular viewpoints and many religions leads to increased participatio
    14·1 answer
  • What is the current business cycle in the U.S?
    5·1 answer
  • On December 1, 2008, Secure Company bought a 90-day forward contract to purchase 200,000 euros (€) at a forward rate of €1 = $1.
    9·1 answer
  • An existing client in her late 20s comes to the RR's office with her boyfriend. The couple are not married but they want to open
    12·1 answer
  • Which of the following is NOT a valid reason for using credit?
    14·1 answer
  • Farmer mcdonald sells wheat to a broker in kansas city, missouri. because the market for wheat is generally considered to be com
    12·1 answer
  • Would this topic be studied in microeconomics or macroeconomics: If the amount of money in the economy increases more than the a
    14·1 answer
  • Strategies on how to minimize expenses in cooking?​
    15·1 answer
  • Sales reported on the income statement were $690,000. The accounts receivable balance declined $39,000 over the year. Determine
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!