Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries purchase part of an economy's output, this is called Gross Domestic Product [GDP],
<h3>Gross Domestic Product</h3>
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
Although it is often calculated on a yearly basis, GDP can also be computed on a quarterly basis. For instance, the US government estimates the annualized GDP for the entire year as well as each fiscal quarter.
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Answer:
The topics like what is ethics?, emerging of ethical values and why they are important in making a better society than before.
Explanation:
The reason is that not all the employees are well educated and professionals but ethics can be learned easily because it depends upon the judgement and doing good for others and yourself.
So the best thing is that you must start course with the introduction of ethics and then how ethical values emerged in the history and why are important for the society. This let them understand that acting ethical is very important because it provides safety to all of the individuals and creates better environment that we all desire.
Answer:
The answer is D
Explanation:
The total manufacturing cost is the sum of all costs whether the costs(direct or indirect). Direct cost like material cost, labor cost etc. and indirect cost like overhead cost. In other words, total manufacturing cost equals direct cost + indirect cost.
Total manufacturing cost is the total amount incurred in producing a good.
According to Nutt and Backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, rigid organizations are hierarchical.
<h3>What is rigid organizations?</h3>
- Decision-makers are divided from Knowledge Carriers and Knowledge Workers by vertical tiers denoted by hierarchy in a strict and bureaucratic organizational structure.
- Even if each layer is divided by discrete functional or horizontal boundaries, this process is known as strategic business unit delineation (SBU).
- Indicators of a rigid organizational structure include the following:
- There is a dominant centralized "command and control" style of leadership.
- Organizational structure that is hierarchical with several levels of control between "top and bottom."
- Short periods of control.
- Functional compartments that function separately.
- There is very little talent transfer between silos inside the organization.
- A bureaucratic organization has strict, rigorous policies, rules, and regulations. This type of organizational structure is hesitant to modify the things they have been doing since the company's inception.
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