Answer:
C
Explanation:
An organizational suitability statement for employees points out the reasons why the organization think their experience and skills are suitable for the position they are applying for in the organisation.
A suitability statement, known as a personal statement, shows a summary of the key skills and experience you possess for a given job
Thus Orbiton Computer's failure can be attributed to the lack of organizational suitability meaning the employees are not suitable and dont have the required skills for this job. They need to find the adequate skills for the job.
The road-map which tells where the business is going is a Business plan.
A business plan is basically a map which visualize a goal desired outcome and draws out the steps needed to reach the goals.
- In other word, a business plan shows where a company is going and steps required to get there.
- A typical business plan will state likely Challenges, defined Objectives, Courses of Action, Initiatives, Mode of operation etc.
In conclusion, every successful business that exists today started with well-drawn business plan.
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Answer:
M1 $2,530 billion
M2 $10,644 billion
Explanation:
- M1 = Currency held + Travelers check + Checkable deposits
= $(1,124 + 4 + 1,402) billion = $2,530 billion
- M2 = M1 + Savings deposits + Time deposits + Money market funds
= $(2,530 + 6,884 + 583 + 647) billion = $10,644 billion
When the market value of all final and intermediate goods and services in an economy are added up in a given year, this would lead to <u>Double Counting. </u>
<h3>What is double counting?</h3>
Double counting is a problem in Gross Domestic Product calculation where intermediate goods are added to final goods to determine the country's productivity.
Adding intermediate goods is a faux pass because the value of intermediate goods are included in the final goods and services price so there is no need to add them again.
If they are added, then the value of the intermediate goods would have been counted twice or double. This is where double counting comes from.
For instance, when making bread, flour is an intermediate good. The bread already includes the cost of this flour so adding the cost of the flour would mean inflating the true cost of the bread.
In conclusion, this is double counting.
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