Answer:
A. A new airplane purchased by United Parcel Service.
- Investment (in fixed assets), GDP grows
B. The tuition you pay during your first year of college.
- Consumption (of services), GDP grows
C. The social security check your grandmother receives.
- Not included in GDP, social security checks are considered transfer payments.
D. A new purchase of 50,000 shares of Time/Warner stock.
- Not included in GDP, only IPOs are included in GDP
E. A new pair of tennis shoes made in China and purchased by an American shoe store.
- Import, GDP decreases since net exports decrease
Explanation:
Answer: If you tax something, you will get less of it; if you subsidize an activity, you will get more of it
Explanation:
Taxes are the levy that governments impose on people or firms. Subsidies are financial aid to companies in order to boost production and reduce price.
It should be noted that if you tax something, you will get less of it; if you subsidize an activity, you will get more of it. For example of an income is taxed, the owner of the income will geta lesser amount as tax will be removed.
Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is willing to limit his control of international stores. Gerald will likely use a(n) __________ strategy.
Select one:
a. direct investment
b. franchising
c. exporting
d. joint venture
e. strategic alliance
Answer:
b. franchising
Explanation:
For a food business like a gourmet sandwich business, the best global entry strategy Gerald will likely take that involves low risk and limit in control of international store is franchising strategy.
Franchising, which involves a contract that allows one company to use the brand and concept of another company, guarantees getting customers and retention of customers. The image of the product offered would be created in current and potential customers
.
Answer:
False
Explanation:
There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.
But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:
- directive: type of autocratic leadership where the leader decides everything by himself/herself
- conceptual: look for different alternatives and analyze each one of them
- consultative: seek advice from colleagues and subordinates, but the leader makes the decision
- consensus: seek advice from others and decisions are made by the group
The second part of the question is true; this leadership styles vary across countries, occupations and job levels.
Answer:
Which step in the career planning process is Jason completing?
E) Evaluate financial and other factors of positions offered.
Explanation:
Career planning is an aspect of career management that involves self evaluation and formulation goals to have a strong career path. It involves constant evaluation in improving skills and setting goals to ensure that one achieves career objectives that they set out. Career planning is a step-wise procedure that is to move an individual to a direction that will make him/her achieve professional excellence in the career that is chosen. The following steps are involved in career planning;
1. Self assessment
Self assessment involves the evaluation of one's own skills and interests and also capabilities to understand what he/she already has and where he/she wants to be in the career path.
2. Research on careers
Once the skills and interests has been assessed, one can research on the careers they would love to pursue to find out if they align with their skills, capabilities and interests
3. Set career objectives
The individual should then set clean career objectives, both short-term and long-term objectives.
4. Learn and improve skills
In order to align with set career objectives, the individual should keep improving and acquiring new skills.
5. Search for a Job
This involves the preparation of Curriculum vitae and supporting documents and search for jobs that offer opportunities that will help in advancing your career.
6. Once you receive job offers, evaluate various factors including the financial ones offered by the positions.
