Answer:
Consider the calculations below
Explanation:
(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price x Year 2 quantity)
= 125 x 1.5 + 825 x 90
= 187.5 + 74,250
= 74,437.50
(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)
= 1 x 125 + 45 x 825
= 125 + 37,125
= 37,250.00
Answer: True
Explanation:
Yes, the given statement is true that the today business field are changing more rapidly as compared to the strategy planning as the implementation of this type of stage is more difficult in an organization.
As it involves various types of implementing the critical choices for producing the various types of products and the services in an organization.
By properly implementing the specific steps in the strategic planning we can also improve the productivity of the company and also build the revenues.
Farmer Brown will have to charge enough to make sure he is receiving the most money for his product. He needs to make sure what he charges is more than what it costs to make his item and then profit what he would like. Maximizing profit refers to producing the quantity of output where marginal revenue is equal to marginal cost.
Answer:
It reduces the total no of hours that employees work.
Explanation:
Flextime schedule is a type of work arrangement where employees are allowed to select a convenient time to work as it may suit them , compared to the traditional work schedule method where the operation hours is outlined by the management .
It comes with a lot of advantage over the traditional work schedule as listed in the scenario given except that the total no of hours worked by employees remain the same. It has no overall effect on the no of hours worked but the flexibility that allows convenience and increased productivity.
Answer:
The correct answer is letter "B": Customer relationship management.
Explanation:
Customer Relationship Management or CRM is a term of the Information Technology (IT) industry that applies to methodologies, software, and in general, to the capabilities of the internet that help companies to manage customer relationships in an organized manner by storing some of their information useful for future business.
