All categories

3 years ago

What has happened to China’s GPD since it began to reform its economy?

Business

1 answer:

telo118 [61]3 years ago

6 0

Answer:

it has grown substantially

Explanation:

in the past, China's government has total control over other economy. They failed to run it efficiently since the system provide no incentives for people to work harder and invents new things.

In the 1980s, china started to adopted some aspect of Capitalism and let the private sector grow their influence in the economy.

As a result, many people start to have incentives to contribute more to the economy. This system basically allowed the citizens seek personal wealth for themselves, but they are indirectly improving the country's economy.

You might be interested in

A key use of a customer survey used in the operations consulting phase of problem definition is customer loyalty analysis. True

Marina86 [1]

Answer: True

Explanation: The operations consulting is the evaluation of the operational situation of the company, this helps us to improve the processes. If a customer survey is carried out, for example, regarding the quality of the products and the result is that raw materials or prices must be modified, if corrective measures are made, it is possible that customer satisfaction increases and therefore the fidelity.

8 0

2 years ago

which term describes the redesigning of an organization so that it can more effectively and efficiently serve its customers?

oksian1 [2.3K]

Redesigning the organization so that it is more efficient and effective is called restructuring

Organizational design is a formal endeavor, a directed process for integrating people, information and technology in an organization.

Restructuring is an organizational activity to reform the company's operational strategy for goals or objectives in an effective and efficient manner. The restructuring step not only supports the improvement of financial conditions, but also operational progress which produces good results.

Corporate restructuring is very important because a company needs to evaluate its performance and make a series of improvements, so that it continues to grow and be competitive. There are 4 (four) forms of restructuring, namely: merger, consolidation, takeover and settlement..

Learn more about organizational design at:

brainly.com/question/22664730?referrer=searchResults

#SPJ4

6 0

10 months ago

Xugooooooooooooooooooooooo

Vika [28.1K]

Answer:

hailllllllllllllllllllleyyyyyyyyyyyyyyyyyyyyyyyy

Explanation:

7 0

2 years ago

A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of

Y_Kistochka [10]

I uploaded the answer

7 0

2 years ago

Jamaica Corp. is adding a new assembly line at a cost of $8.5 million. The firm expects the project to generate cash flows of $2

dusya [7]

Answer:

IRR= 20%

Explanation:

The Internal Rate of Return (IRR) tries to find the profitability of the money that remains invested during the life of a proyect. It is also known as the discount rate that makes the Net Present Value (NPV) equal to cero. When the NPV is equal to cero, then the proyect does not create or destroy value. So, if we calculate the NPV with the IRR we will find that it is equal to cero. In this case, if the cost of capital were 20% the proyect will not create or destroy value, but the problem is giving us a cost of capital that is less than 20%, then the proyect creates value. If we calculate the NPV with the rate of 16% it will be grater than zero.

The figure attached shows the IRR formula. But i calculated using Excel: first i put the cash flows of each year ( the first one is negative because it is an investment ). Then i used the formula: "=IRR(C4:C8)"

6 0

2 years ago