The main objectives of the CSME are: full use of labor; full exploitation of the other factors of production; competitive production leading to greater variety; quality and quantity of goods and services, thereby providing greater capacity to trade with other countries.
Systems for competitive manufacturing. In a dynamic and unpredictable environment, a competitive manufacturing system plans, produces, and delivers high-quality, customer-desired products faster than the competition.
Manufacturing has not recently been viewed by businesses as a source of competitive advantage; instead, they have chosen to outsource it and focus only on costs. Organizations may now take control of their whole supply chains and production processes because to improved data, digitized operations, and automation.
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Answer:
Severe floods affecting aggregate demand and aggregate supply can be equated with bad weather destroying crops. In this regard, the supply of goods and services will be slower or harder to keep up with depending on the demand given. The losses suffered as a result of the sever floods will result in the demand for goods and services to increase but the measured supply thereof might not be sufficient given the extreme backlog and circumstances created by the sever floods.
In this scenario, the effects on the output (goods and services) supplied will be slower in the short-run until businesses and farms are restored to stable working conditions. The demand thereof (for output) will increase and has inverse relationship with the supply of goods and services, until there is an equilibrium point reached when the supply of goods and services meet the demand required. Prices in the short term will increase until conditions have become stable. This will affect the GDP of the businesses negatively.
In the long-run, the demand for goods and services will decrease as conditions stabilise and the supply of goods and services will even out to meet the demand required. Depending on the far reaching effects of the severe floods, equilibrium and stable demand and supply may take a while to become normal again. In the long-run the price of goods and services should decrease as the demand required is met through the supply of goods and services. This will affect the GDP of the businesses positively.
Explanation:
To understand the answer given above, you have to understand the inverse relationship there is between the aggregate demand and aggregate supply.
Aggregate supply is the complete number of units (goods and services) supplied to the market (i.e. produced and sold in the market) which is also the gross domestic profit (GDP). In the short-run for this question, the GDP will decrease initially until conditions become stable.
Aggregate demand is the total domestic spending consumers have on goods and services in the economy. The GDP will increase in the long-run as the demand and supply is met and becomes steady.
Answer:
Web-based social networking, recordings, email, web content, versatile content push offers
Long Lizard gets most of its client leads from web looked or other online sources. Thus it will be smarter to utilize online media like internet based life, recordings, email, web content, portable content push offers to get quicker reaction from more extensive crowd at moderately less expensive rate. Different alternatives given are more established strategies, exorbitant and furthermore set aside some effort to contact a more extensive crowd. At the point when the clients lean toward new media like online hotspots for arriving at the organization, the organization ought to likewise give a similar medium to promoting correspondence. Consequently the appropriate response is third alternative.
Answer:
The correct answer is "$10,607.92".
Explanation:
Given:
Amount borrowed,
P = 100000
Interest rate,
r = 10%
or,
= 0.1
Time,
= 30 years
Now,
The annual payment will be:
⇒
($)