Answer:
Down
Explanation:
Benefits of economic growth
benefits-growth
Increased consumption. Firstly, higher GDP implies the economy is producing more goods and services and therefore consumers can enjoy more goods and services. If human welfare is linked to consumption then growth will benefit society. Higher levels of consumption will help to reduce any incidence of absolute poverty (when people can’t meet basic necessities of life.) This may not be so obvious for developed countries, like the UK and US, but for developing economies, economic growth and rising incomes play a big role in lifting people out of poverty.
Higher investment in public services. With higher GDP the government will be able to collect more taxes; this is because people as incomes rise and people spend more they will pay more income tax and VAT. This is beneficial because the government can use this increased revenues to reduce the level of government borrowing and/or spend more on public services and investment in the country infrastructure. This investment in public services can help improve the long-term performance of the economy. For example, better infrastructure enables a lower cost of trade. Therefore, growth can cause a virtuous cycle of higher investment leading to higher growth – which enables more investment.
Lower unemployment. Higher economic growth will also lead to an increase in demand for labour as firms will be producing more. Therefore unemployment will fall, this has various advantages such as lower government spending on benefits and less social problems. If the economy is in recession, then increasing the rate of economic growth will be an important step in reducing unemployment.
D7G7 unemployment
The rise in unemployment in 2008/09 was due to negative economic growth.
Answer:
a) labor costs are variable and rise with productivity gains
Explanation:
- A more expensive procedure for the measuring the candidate's job appropriateness can be from the labour costs that are highly variable and varies with the increases in the position of labour productivity.
- Thus companies have to do cost estimation first and based on the performance and the need of the candidate they have to justify there their positions.
The answer is C a violation of the conduct rules
The process is known as Marketing Research
Marketing Research refers to activities of evaluating & determining the feasibility of a firm's new product or service, through research conducted with targeted or potential customers.
- Marketing research helps the management because information provided from the research conclusion helps in the firm decision making.
- However, marketing research must be systematic, objective and analytical so as to ensure drawing of valid conclusion for purpose of decisions making in a firm.
Learn more about Marketing Research here
<em>brainly.com/question/16828144</em>
Answer:
Agency theory.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
Typically, it is considered to be one of the most complicated and expensive type of organization. Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity.
One of the advantage of a corporation is that, owners have limited liability for debt to the extent to which they have invested and as such are not personally liable for some of debt owed by corporation.
The theory which states that problems arise in corporations because top management no longer is willing to bear the brunt of their decisions unless they own a substantial amount of stock in the corporation is called agency theory.