Answer:
The theory of national comparative advantage
Explanation:
The theory of National comparative advantage developed by Micheal porter, emphasizes on the importance of country's factors such as domestic demand and domestic rivalry in explaining a nation's dominance in the production and export of particular products.
It focuses on key concepts such as Firm Strategy, Structure and Rivalry; Factor Conditions; Demand Conditions; and Related and Supporting Industries.
Micheal porter opined that any company’s ability to compete in the international arena is based mainly on these interrelated set of location advantages that certain industries in different nations posses.
Answer:
Some of the overarching goals that market research can help organizations accomplish, include: making important business decisions, securing investments and funding, determining new business opportunities, and even avoiding business failures.
Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.
Answer:
Opinion Leader
Explanation:
Based on the information provided within the question it seems that Joe can be called an Opinion Leader. This is a type of leadership in which an individual who has an increased knowledge in a certain area provides his opinion to those who do not. Which is what Joe is providing to the people who ask for his expertise on computer hardware and accessories.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Option C ($305 million) is the correct answer.
<u>Explanation:</u>
GDP<u> </u>= GNP - Net foreign factor income
GNP can be calculated by using the following formula
GNP (FC) = NNP (FC) + depreciation
NNP (FC) = 300, thus the depreciation is as follows:
Depreciation = Gross private domestic investment - Net private domestic investment
= 55 minus 40 = 15
<u>Now, we can calculate GNP (FC) by substituing the values into the formula </u>
GNP (FC) = 300 plus 15 = 315
<u>Now, we can calculate GDP by by substituing the values into the formula.</u>
GDP = 315 minus 10 = 305
Thus, the value of U.S. GDP is $305 billion
Therefore, the correct answer is option C
Answer:
11%
Explanation:
Fisher equation establishes relationship between real interest rate, nominal rate and real rate.
Real interest rate = Nominal interest rate - inflation.
Here, 8% interest rate is the nominal interest rate. As inflation is zero, real interest rate is 8% only.
Now, if inflation rate of 3% is expected, then nominal interest rate should account for inflation as well to maintain real rate of 8%.
Substitute the values in the above equation:
8% = Nominal interest rate - 3%
Nominal rate = 8% + 3%
= 11%
So, they should set interest rate as 11% in case of inflation of 3%