Answer:
b. 6 months to 18 months
Explanation:
Recession refers to the state of the business cycle contract when the economy declined for six months or more. There are five economic indicators which are studied and observed by the National Bureau of Economic Research and they include real gross domestic product, employment, income, manufacturing, and retail sales. In the United States, the memories of the recession period were painful part of business cycles. There are many occasions of recession in the United States between 1950 and 2009 but none extended 18 months. The worst among them was The great depression of 2008 to 2009.
Answer:
Globalization has both positive and negative impacts to societies.
- Positive
Globalization created a possibility for people to sell their goods and products to foreign market. This enhance their opportunity to obtain profit and will contribute to an increase in a country's average wealth.
Not only that, globalization also make the flow of information become much faster. People in developing country, can easily accumulate knowledge from people in industrialized country and adopted that new knowledge into the economy.
This is what happen to China. They Learn how to create various type of products from foreign nations and created their own version of the product. Leading to their growing economies.
- Negative
The increase of production means that there will also be an increase in Production waste. This resulted in destruction of the environment. In recent years, most countries in the world experience a sharp increase in air pollution. China is regarded as one of the country who has the worst experience about this.
Globalization also increase the income disparity between the poor and the rich.Those who are successful in winning the economic competition reap most of the benefit. Those who are not only obtain a small fraction of it.
Answer: <em>Benchmarking</em>
Explanation:
Benchmarking is the known as the practice of comparing business organization procedures and performance units to industry and markets best practices from other organization. It is thoroughly used in order to evaluate performance using indicator such as productivity per unit, cost per unit, or defects per unit, thus resulting in a unit of performance which is further compared with other organization.
A. if the item cannot be produced in the United states
if the US does not produce it and needs it, it would try to find anyway to try to get the product as cheep as possible, and would eliminate as much barriers as possible to get the product in as much quanitity as it needs
hope this helps
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