Answer:
Australia - <em>Shift Australia's production function upward, create a movement up along the production function as the full-employment quantity of labor increases, and increase potential GDP</em>
United States - <em>Will not change potential GDP as production happens in Australia</em>
Explanation:
Australia's production potential will rise which will be depicted by a shift upwards in the Production Possibilities Frontier (PPF) thereby leading to an increase in the full employment quality of labor and potential GDP for Australia.
As the production is happening in Australia, it will not affect potential GDP in the US.
<span>The three principla forms of business organization are corporations, proprietorship and partnerships. Corporations have certain advantages like indefinite life, limited liability and eas of ownership transfers as well as easy access to capital markets. Corporations also have disadvantages like their earnings are subjected to double taxes, they must file federal reports for registration and state reports as well which are incredibly time consuiming and difficult. Proprietorships are unincorporated businesses that are owned by a single person. This single person is responsible for bearing all the losses as well as managing all the business, but they also get to take all the profits. This type of business is easy and cheap to form and has few federal regulatiosn. The income from it is not subjected to corporate tax but on personal taxes. It is harder to raise capital for this type of business, and the life of the business is limited to the life of the founder. Finally, partnerships are two or more people running and managing a business where the goal is to turn a profit. It sadvantages are that it is easy and inexpensive to buil, has few government regulations, and the income is only taxable at the partners personal level, not as a corporate tax rate. The disadvantages are that there is an unlimited liability to the partners and they are responsible for the extent of the business, it is difficult to transfer ownership and all partners must always agree on how they ahndle their interests as well as growth and raising capital.</span>
Answer: Carry out the Plan of Planning not to Plan.
As Fashion brand Zara is very popular clothing and accessories retailer. Its success as top 50 fashion brands is attributed to its unique approach of planning to achieve its vision of innovation and quality.
For ever changing style and trend, fashion industry is unpredictable, specially for brands and fashion lines. The changing trends in short span of time can cost high for business perspective as there can be huge restocking of seasonal production, if brands fail to identify future fashion trends in advance. To combat huge loss from such over stocking of production, Zara brand have implemented operational strategy to plan less. This is the Planning to plan less".
Most of the luxury fashion brands operate their production line based on prediction of what trend will be popular in coming months. This is risky plan, since fashion industry is very unpredictable.
Zara however devised unique plan to not plan. This way the brand does\t entirely plan the production line for next six months in advance, but only 50-60%. Rest of it, it changes according to the season. This way, Zara only have limited edition of certain designs and even less stock of those items. This way, the customer have to buy the items immediately after its launch because same item might not be there next time. This not only reduce stocking of production but also increases business as buyers constantly visit stores to but items which they know won't linger there for longer time.
Answer and explanation:
Sender: Target creates a Back-to-School Campaign
Transmitter Encodes: Advertising agency creates print ad
Communication Channel: Ad runs on local Sunday newspaper
Receiver Decodes: Melissa buys the paper and plans to go shopping for her children's supplies
Feedback: Store traffic increases
Target is the maker of the Campaign and intends to create an advertisement to communicate its offering hence it is the Sender. The Advertising agency, upon Target’s intentions, create the print ad, hence encodes the same as Transmitter. The channel of communication so chosen is that of the Newspaper hence ad runs on Sunday newspaper. The receiver is the target audience, here, Melissa who decodes and acts upon the same by going for shopping for her children’s supplies. The feedback is given by way of increase in Store traffic by the Target audience.
