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AysviL [449]
3 years ago
10

Which of the following is the best summary of GDP? Select one:

Business
1 answer:
Fiesta28 [93]3 years ago
7 0

Answer:

Letter B is correct.

Explanation:

GDP is the sum of all that is produced, consumed and distributed in the country over a period of one year. This is the main measure for assessing and comparing one economy with others in the world. There are two approaches to measuring GDP, namely: Expenditure Approach and Income Approach. Demand for consumption, exports and imports and government spending is represented by the expenditure approach. The income approach is all income earned from everything that is produced in the economy.

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Mia has written a deed that says, "to chelsea for life, and upon her death the property shall go back to me." what kind of inter
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Good corporate citizens Multiple Choice go beyond meeting society's expectations for ethical strategies and business behavior by
Greeley [361]

Complete question:

Good corporate citizens

A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all.

B. are active participants in the political process.

C. identify up-and-coming managers who have a future in local- or state-level politics.

D. create a democratic workplace whereby the voices of lower-level employees are heard through representation on the board of directors.

E. All of these.

Answer:

Good corporate citizens  : go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all.

Explanation:

Economic obligations are focused on the assumption that strong and legitimate standards are met; that they are completely consistent with all local, regional, federal and foreign regulations; and that they are a decent, law-abiding business citizen who does not merely comply with the moral requirements of society.

Corporate responsibility or sustainability, businesses are two out the of three respondents required corporations to move outside their conventional is sometimes used to express the notion that fulfilling society's standards is part of a business that creates a difference, a business that does amazing things around the world.

6 0
4 years ago
Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l
MArishka [77]

Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>

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3 years ago
A hiking boot’s profits are declining because new competition has entered the market, but its cost has also declined due to incr
AlekseyPX

The stage of the product development life cycle is the hiking boot in maturity stage.

<h3>What stage of the product life cycle demands marketers to focus extra emphasis on how their product is distributed?</h3>

During this phase, "This brand is the best!" is the main message used in marketing and promotion. Additionally, when pricing gets more competitive, it must be changed to fit the differentiation strategy. The marketer frequently needs to focus heavily on distribution during the growth period.

<h3>Which stage of the product lifecycle could potentially demand the largest outlay of funds for marketing initiatives?</h3>

Stage of the market's emergence. Consider the stage of product launch as the market introduction. A substantial marketing investment is necessary for this PLC phase. The product's advantages are not yet known by the market.

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