Potential GDP = $20
Real GDP =$19.2
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
Answer: $942 U
Explanation:
Budgeted cost was $2,960 per month plus $326 per day and there were 18 days of actual activity.
Budgeted cost = 2,960 + 326 * 18
= $8,828
Variance = Budgeted cost - Actual cost
= 8,828 - 9,770
= -$942
Budgeted cost is less than Actual cost which means the Variance is UNFAVORABLE.
Answer: C) Technical selling
Explanation:
Technical selling or technical sales is an act in which a sales person helps to address customer's needs by understanding what they needs which is a determinant of what product to buy.
Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.
A technical sales person must have the ability for effective communication and have good interpersonal skills so as to maintain a good relationship with customers.
Answer:
supply chain management
Explanation:
Supply chain management -
It refers to the management for the flow of services and goods along with the process that are responsible for the conversion of the raw products to final goods and services , is referred to as the supply chain management .
The process like supplying , designing , production , quality control etc. are all process in supply chain management .
Hence , from the given scenario of the question ,
The correct answer is supply chain management .
Answer:
Stakeholder participation,
Explanation:
That help a lot in different things like it give support from different ways
Also about the money sharing well help more to get more money
so yah I think that so