Alex is a member of a corporate sales team who frequently speaks in front of groups as part of sales presentations. He has now b
een asked to give a toast at his brother's upcoming wedding. Alex is used to speaking on formal occasions, but is unsure of the best way to deliver a lighter speech. He decides to do a little research before the wedding. Select the statement that describes a strategy Alex could use to deliver a lighter speech. a. Alex tells a story about his brother that causes his friends and family in the audience to laugh.
b. Alex periodically interrupts his remarks in order to deliver extremely embarrassing jokes about his brother.
c. Alex comprehensively prepares a long statement that he plans to deliver verbatim when it is time for his toast.
d. Alex delivers a detailed outline of the points he would like to address at the start of his toast.
Answer: Alex tells a story about his brother that causes his friends and family in the audience to laugh.
Explanation:
The statement that describes a strategy that Alex could use to deliver a lighter speech will be for Alex to tell a story about his brother that causes his friends and family in the audience to laugh.
It's but proper for Alex to tell an embarrassing joke about his brother. Also, preparing a long statement to be delivered when it's time to toast can make the event boring.
Generally, the matched sample procedure for inferences about two population means provides better precision which is independent sample approach. Inference can be referred as steps in reasoning which involves moving to a conclusion from premises. The inference is divided into three kinds which are, abduction, deduction, and induction. The deduction is an inference which derives a logical conclusion from premises which are as assumed to be true.
2. c. GDP refers to production within the nation while GNP refers to production by domestic factors no matter where they are located.
Explanation:
1. The ratio of country's exports to GDP is known as trade-to-GDP ratio or the index of openness. This ratio main objective is to measures the importance of international trade in an economy and its usually remain high for developing countries.
2. The only difference between GDP and GNP is that of net factor income from abroad. While GDP only takes into account production of goods and services within the country's borders; GNP takes into account production of all economy owned identities, no matter where they are located.
D. They provide the four factors of production and spend money on the product market.
Explanation:
In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.
The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.
When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.
As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.
Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.
