Answer:
The spending on imports is $0 million.
Explanation:
GDP = C + I + G + (X – M)
Here, C is consumer spending of $4million, I is investment of $2million, G is government spending of $5million, X is exports worth $4million and M are imports which not given in the question. The GDP in the question is given and is $15million.
So by putting values in the equation we have:
15 = 4+ 2 + 5 + (4 - M)
15 - 4 - 2 - 5 - 4 = M
This emplies
M = $0 Million which means that the country has a complete ban on its importation of goods and services.
First you need to find out the amount of insurance coverage needed:
80% of the home value.
(312,500 X .80)
Find that row in the table. Then look in the first column for the amount.
The best suggestion to give to Frank when he asked about
what could be done with the data that is being generated is that the data may
be of good use when the social media are being used in having to find out the
customer’s recommendations and the ones that they are buying in which could be
the common interest of buyers.
Answer:
In this meeting, top managers of one world are <em>doing strategic planning.</em>
Explanation:
In the field of business management, strategic planning can be described as organizational planning in which priorities are discussed, goals are set, operations are strengthened, agreements are made on common goals and agendas and assessment of the different works of the organization are made.
As in the scenario depicted above, the upper-level managers had a meeting with the CEO to discuss future plans and make an assessment of the current works, hence we can say that strategic planning was being done in the meeting.
Explanation:
Business is an important source of government revenue so the business activities contribute to the government revenue in the form of taxes such as excise duty, sales tax, income tax, proper tax, entertainment tax and so on.
It also helps to develop our country.
It also helps reduce financial burdens on us.
Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.
Business also involves people customers and employees so communication and interpersonal skills are vitally important as well.
