The answer in the given statement above is false because
Gross Domestic Product has the capability of providing measurement when it
comes to the economy’s income. It measures the goods that are produced and the
services that are given in the course of one year where in it is concluded that
it has the capability of measuring the economy’s income.
First, is that I will never forget about my passion for the line of work that I am in. Passion means pursuing your dream despite setbacks.
Second, is that I will make sure that I will be open to new ideas and perspectives. I have to keep my mind open, especially to change. There are many things that I do not know, and if I want to be successful, I will not pretend that I know everything. Being open-minded will help my business thrive.
Third, I will always strive to learn about my line of work. This coincides with my second quality.
Fourth, I will make sure that I am always two steps ahead of my game. While having direction is great, it is best to keep my feet up and know what to expect. This will ensure that I will encounter as little problem as possible.
Lastly, I will never stop innovating. Innovating does not just mean that I should have great ideas; innovating means making my great ideas even greater! By learning how to do so, it will make sure that my business will not get left behind.
Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.
and that is all!!
Answer:
To increase the profits of the steel manufacturing firms
Explanation:
import restrictions are placed by Government to help protect domestic industries from larger and stronger foreign industries. this restrictions can be in a form of Import quota or increased import tariffs.
The payment of Steel worker $375000 per year is economically cheaper than placing import restriction on steel imports but this will lead to an increase in domestic competition in the production of steel hence the Already existing domestic steel industries will experience a decrease in profits. hence import restrictions is better for the survival of local steel industries.
Answer:
income statement are given below
Explanation:
given data
Cost of merchandise sold = $937,200
Operating expenses = 307,500
Sales = 1,230,250
solution
income statement are as
Income Statement for the year ended December 31, 2016
Sales $1,230,250
Cost of Merchandise Sold $937,200
Gross Profit $293050
Operating expenses $307,500
net income -$14450
here Gross Profit is Sales - Cost of Merchandise Sold
Gross Profit = $1,230,250 - $937,200 = $293050
and
net income = Gross Profit - Operating expenses
net income = $293050 - $307,500 = -$14450
