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OverLord2011 [107]
3 years ago
13

What economic event began in 2007?

Business
1 answer:
zubka84 [21]3 years ago
4 0

Answer:

The Great Recession

Explanation:

The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)

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Ted is a quality control manager at Greenwoods Cement Inc. Any time a problem arises and a decision needs to be made, he believe
denis-greek [22]

Answer:

D) Facilitative

Explanation:

Facilitative style: In management, the term "facilitative decision-making style" is described as one of the different decision making styles that indicates a specific joint effort between subordinates and leaders and they are both are providing an input in order to make a "shared decision". Along with this, they also possess some degree or extent of expertise or/and motivation that is responsible for ensuring an effective decision is being made.

In the question above, the given statement represents a facilitative decision-making style.

4 0
3 years ago
How does international employement helps in improving economic conditions of the country​
forsale [732]

Explanation:

Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country.

People who go overseas to work can learn different skills and technologies which can be beneficial for the development of our own country.

7 0
2 years ago
Mark's home was damaged in a fire and no longer able to be occupied. Fortunately, the event was insured by Mark's property insur
juin [17]

Answer:

Coverage D

Explanation:

Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.

5 0
3 years ago
If a firm has the market price of the firm's common stock of $500 and its annual earnings per share of $50 , then the firm has a
sweet [91]

Answer:

Price / Earning ratio = 10

Explanation:

the P/E ratio will be determinate as follow:

\frac{Market \: price}{EPS}

Thus, the P/E will be 500/50 = 10

the price earning ratio stand for the amount of time required to payback the investment. In this case, 10 years as the market value is 500 dollars and eahc year the share earn 50 dollars

8 0
3 years ago
A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
djyliett [7]

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

7 0
3 years ago
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