Answer:
-$100 and -$1,500
Explanation:
The computation is shown below:
As we know that
Total saving = Private saving + public saving
where,
Private saving is
= Y - T - C
= $9,000 - $1,200 - $7,500
= $300
And, public saving is
= T - G
= $1,200 - $1,600
= -$400
So, the total saving is
= $300 - $400
= -$100
And, the value of current account balance is
= GNP - C - I - G
= $9,000 - $7,500 - $1,400 - $1,600
= -$1,500
Answer:
E) agglomeration economies
Explanation:
Agglomeration economies refers to a lot of companies being located close to one another. Generally most of these companies work on the same industry, e.g. Detroit for car manufacturers.
The main advantage of agglomeration economies is that synergy may be created between different firms which allows them to be more efficient and productive, and at the same time they will lower their costs.
Answer: Creation of sales
Explanation: In direct marketing the company focuses on avoiding the advertising middle man and tries to inform the customers directly about the product or service offered.
The direct marketing is done with the intent of increasing customer base which will further result in creation of sales. This could be achieved by making promotional events and other such kind of activities.
Answer:
the total product cost is $188,800
Explanation:
The computation of the total product cost is given below:
= Direct material + direct labor + Total manufacturing overhead
= $88,000 + $44,500 + $56,300
= $188,800
Hence, the total product cost is $188,800
We simply added the above 3 items to determine the total product cost
Answer:
Specifications.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
In project management, the written statements that define the extent and quality of work to be done are called the specifications.
Basically, the specifications of a project or manufacturing process outlines the minimum requirements and quality that are acceptable. Thus, it must be adhered to strictly in order to achieve a successful and desired outcome.
