Answer:
Not counted in GDP
Explanation:
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
The components of GDP are :
1. Consumption spending - it is spending by households on final goods and services.
2. Investment spending- the purchase of inventories by businesses
3. Government Spending: the total amount of money spent by the government
4. Net Export - export less import.
GDP measures total output produced and stock isn't an output so it isn't added in the calculation of GDP.
I hope my answer helps you
Answer: The correct answer is VALUE.
Explanation: Human Resource Management means management of people at work. It involves recruiting, training and generally impacting employees to add value and collectively achieve organisational goal.
Answer:
The correct answer is the definition of fixed and variable costs.
Explanation:
The cost of production of a company can be subdivided into the following elements: rents, wages and wages, depreciation of capital goods (machinery and equipment, etc.), the cost of raw materials, interest on operating capital , insurance, contributions and other miscellaneous expenses. Different types of costs can be grouped into two categories: fixed costs and variable costs.
Fixed costs
The fixed costs are those that the company necessarily has to incur when starting its operations. They are defined as costs because in the short and intermediate term they remain constant at different levels of production. As an example of these fixed costs, executive salaries, rents, interest, insurance premiums, depreciation of machinery and equipment and property taxes are identified.
Variable costs
Variable costs are those that vary with the volume of production. The total variable cost moves in the same direction of the production level. The cost of raw material and the cost of labor are the most important elements of variable cost.
The decision to increase the level of production means the use of more raw material and more workers, so the total variable cost tends to increase production. The variable costs are, then, those that vary as production varies.
Answer:
Volatility
Explanation:
Volatility of industrial demand is the uncertainty in demand for product or parts by consumers. Companies need to adequately prepare for these changes in demand by the consumer so as to adequately provide the inventory or product to the customer.
In the given scenario Toyota is manufacturing product for all demands in the market place so as to capture all market shares.
They are producing both traditionally furled cars and the Mirai (a car that uses electricity). By this move they are appealing to both demand for normal fuel cars and those that want to use alternative energy sources
