in the country‚ industry by industry. In other words‚ we focus on firms and add up all their production. This first method is known as the product method. GVA over a year. Exclude taxes on products VAT‚ includes subsidies. (intermediate consumption). 2. Income method is the form of wages‚ salaries‚ taxes‚ rent‚ profits and interest‚ A-capital consumotion allowance. The second method of measuring GDP‚ therefore‚ is to add up all these incomes. GDP = W+R+I+P+A+Ti-Net Factor income from abroad. 3. The
Premium Supply and demand Inflation Aggregate demand
Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following statements about guest reservation is false? 1) A) Transient sales are done primarily through the efforts of the Front Office and its staff. B) Convention site hotels tend to have a greater portion of group room sales than transient room sales. C) The group sales effort in a hotel does not affect transient sales. D) Group rooms are primarily sold through
Premium Hotel Hotels Motel
Chapter 6: HR Decision Making in Organizations (a.k.a.‚ Retention and Turnover) Study: Rightsizing -Methods for increasing employees (pros/cons) -Methods for decreasing employees (pros/cons)‚ including justice perceptions with layoffs -Effects of downsizing/layoffs‚ alternatives Managing Terminations and Retention -Alternatives to termination -Progressive discipline system -Protection from termination (e.g.‚ laws‚ contract‚ etc.) Managing Voluntary Turnover -Causes
Premium Termination of employment Employment Sociology
The question was: DESCRIBE AND CRITICALLY ASSESS THE ORGANISATION’S RESPONSE TO THE FOUR FUNDAMENATAL DILEMMAS OF INNOVATION AND RECOMMEND OPTIONS FOR IT TO RESPOND TO DISRUPTIVE INNOVATION Students should be able to explain the type‚ nature and focus of innovatory activity at FeedHenry. They should recognise key innovation dilemmas facing the enterprise‚ based on their stage of development and strategic objectives. So a first class answer will locate the company based on what stage of development
Premium Innovation
In the technological advancements of todays day and age there are many ways one could use the advancement to his or her advantage. Yet‚ could the same be said about using technology when it comes to cross cultural communication? With the advancements in the way human communicate to start with‚ video chat and conference calls‚ would it not be a very easy way to get things mixed up or lost in translation? I would say it would be very easy for two different people from two different worldly locations
Premium Cross-cultural communication Sociology Communication
HRM OVERVIEW Human Resource Management (HRM) is a division in practically every organization‚ however over the years the role of HRM has experienced significant changes. According to the business dictionary‚ HRM is defined as “Administrative activities associated with human resources planning‚ recruitment‚ selection‚ orientation‚ appraisal‚ motivation‚ remuneration‚ etc. HRM aims at developing people through work.” In past times HRM were considered responsible for simply hiring and firing
Premium Employment Human resource management Recruitment
P2-6B Condensed balance sheet and income statement data for Fellenz Corporation are presented below. FELLENZ CORPORATION Balance Sheets December 31 Assets 2012 2011 Cash $40‚000 $24‚000 Receivables (net) 90‚000 55‚000 Other current assets 74‚000 73‚000 Long-term investments 78‚000 60‚000 Plant and equipment (net) 520‚000 407‚000 Total assets $802‚000 $619‚000 Liabilities and
Premium Balance sheet Generally Accepted Accounting Principles Asset
Sample of Previous Exams Questions & Problems Kieso: Ch 17‚ 21‚ 24—Investments‚ Leases‚ and Full Disclosure Multiple-choice 1. The lessor capitalizes and amortizes initial direct costs for all types of leases except: a. direct-financing leases. b. operating leases. c. there are no exceptions. d. sales-type leases. 2. Johnson‚ Inc.‚ leased an asset to Raymond Corporation. The cost of the asset to Johnson was $8‚000. Terms of the lease specify four-year life for the lease‚ an annual interest rate of
Premium Generally Accepted Accounting Principles Lease Revenue
Depreciation 15‚000 d. Accrued Interest Receivable 560 Interest Revenue 560 e. Prepaid Rent 5‚400 Rent Expense 5‚400 f. Salary Expense 5‚800 Salaries payable 5‚800 Problem 2 Multiple-step income statement (15 points) Presented below is information related to Gregg Company. Retained earnings‚ December 31‚ 2003 $ 650‚000 Sales 1‚600‚000 Selling and administrative expenses 240‚000 Hurricane loss (pre-tax) on plant (extraordinary
Premium Balance sheet Generally Accepted Accounting Principles
MUST answer the required essays for a total of 30 points. Essays that are offered within the chapters are italicized‚ related to the textbook‚ worth 6 points‚ and should be ½ page in length. All other questions are worth 2 points each for a total of 70 points. The entire exam is worth 100 points. Required Essays: 3 at 10 pts each Prepare a minimum one page essay for each of the following For the Common Good core competencies: Diagnose Situation‚ Manage Self and Energize Others. We have
Premium Motivation Job satisfaction Organizational culture