Answer:
1. $50 million
2. $50 million
3. In a closed economy, national savings equals investment
Explanation:
For a closed economy, the formula for calculating GDP = C + I + G
Where C - Consumption
I - investment
G - Government Spending
To find investment ,
750 = 300 + I + 400
I = $ 50 million
National savings = private saving + Government saving
Private saving = Y − T − C
750 - 300 - 250 = $200 million
Public savings = T - G
250 - 400 = $-150 million
National savings = $200 - $ 150 million = $ 50 million
Nb - All numerical values are in $ millions
Answer: Advertising
Explanation:
For a new company to quickly reach as many customers as quickly as possible, the company has to be involved in selling itself to the public and also intensive advertising.
Advertising is a form public awareness created for a particular product: which is new or already existing in a market. Advertising could involve the use of; Mass media, social media, fliers and banners.
Answer:
His four dimension are power distance, individualism vs collectivism, uncertainty avoidance, and masculinity vs femininity.
Explanation:
- The theory of the cultural dimensions given by the Hofstede expresses the cross-culture communication that takes place within the organization and they are associated with the values on the society. As cultures differs managerial practices also change.
- The power distance is the first dimension which states that the members arrange themselves in a hierarchy and those who are less powerful are in a society of acceptance and Uncertainty avoidance is the dimension that describes the extent to which the society is at ease with the risks.
- Individualism and collectivism state that society that is more individual and tends to be self-oriented and takes actions as compared to the actions that are taken in the groups and collective efforts.
- The ideas of masculinity as make dominated achievements and heroism as opposite to the modesty and honesty of feminism in western nations rather than in eastern nations.
