(a) Analyse the methods by which Gross Domestic Product (GDP) may be measured. (10 marks) In order to effectively analyse the ways in which GDP is measured and why this is‚ we must first identify what GDP is. Gross domestic product (GDP) is the total value of output in an economy and is used to measure change in economic activity. GDP includes the output of foreign owned businesses that are located in a country following foreign direct investment. For example‚ the output produced at the Nissan
Premium Gross domestic product Macroeconomics Value added
Definition of Strategy: The term “strategy” is usually used in two perspectives. As an adjective assigning particular important to some actions‚ activity or process‚ it is possible to speak of strategic management‚ strategic planning or decision making. These are all dreams to be activities‚ which are essential to the organization existence. It can also be used as a noun‚ to describe a path way along which the organization moves towards its goals or objectives. The term “strategy” stems from the
Premium Strategy Management Strategic management
I would say immediately that both domestic and international terrorists are threats within the borders of the United States. The media coverage of recent events seems to imply that domestic terrorism is the more pressing concern. The data from a recent study shows that terrorist attacks have been more commonly perpetrated by domestic groups than by international extremists since 2001. However‚ this study left out 9/11‚ and also overlooked the many foiled terror plots in the US since then. Accordingly
Premium
CORPORATE STRATEGY Definition CORPORATE STRATEGY is the direction an organization takes with the objective of achieving business success in the long term. Recent approaches have focused on the need for companies to adapt to and anticipate changes in the business environment‚ i.e. a flexible strategy. The development of a corporate strategy involves establishing the purpose and scope of the organization’s activities and the nature of the business it is in‚ taking the environment in which it operates
Premium World Trade Organization International trade Economics
Domestic violence is a cycle of abuse and leads to a growing culture of violence. Violence should be condemned including not only the killing‚ but the abuse in homes. People who commit domestic violence have learned their behavior through experience and believe they have a right to be violent. Nearly half of men who abuse their wives also abuse their children. Children particularly suffer from devastating effect of the cycle of violence. The cycle of domestic violence tends to continue
Premium Violence Sociology Aggression
Definitions of EPR According to Karim (2008)‚ different terms are used in the literature to explain electronic patient’s healthcare data such as Electronic Health Records (EHR)‚ Electronic Patient Record (EPR)‚ Electronic Medical Record (EMR)‚ Computerized Patient Record (CPR)‚ and Computerized Medical Record (CMR). These names are given from time to time in different nations and in different healthcare environments. Abdul (2008) argues that EHR is different from an EPR/EMR that is longitudinal
Premium Electronic health record Personal health record Health informatics
Corporate Social Responsibility Definition 2 What is CSR? a form of corporate self-regulation integrated into a business model process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere to aid an organization’s mission as well as a guide to what the company stands for 3 a titled What is sustainable
Premium Sustainability Business ethics Sustainable development
KAYODE OLANIYAN Analysis of Nadler (1970) definition of HRD. CONTENTS Introduction……………………………………………………………………3 Human Resource Development According to Nadler (1970)…………………3 Series of Organised Activities…………………………………4 Done Within a Specific Time Frame…………………………...4 Behavioural Change……………………………………………5 Analysing Nadler (1970) Definition’s with other Authors……………………..6 Conclusion……………………………………………………………………….8 References………………………………………………………………………..9 Bibliography……………………………………………………………………..11 Learning
Premium Organizational studies and human resource management Management Human resource management
Definition of Nursing: Nursing is the protection‚ promotion. And optimization of health and abilities‚ prevention of illness and injury‚ alleviation of suffering through the diagnosis and treatment of human response‚ and advocacy in the care of individuals‚ families‚ communities‚ and populations. (ANA) Person: Is the individual and the family. When we care for a patient we need to remember that their families are affected by the acute illness or dealing with the chronic disease also. Environment:
Premium Medical terms Medicine Critical thinking
Company’s External Environment (External) Key economic and industry variables: Industry analysis (provide data to support): a. Industry size: b. Segmentation – geographic and product: Abercrombie and Fitch Co. started their business at West Cost of United State‚ because of the West Cost Mountains‚ camping gears and sporting goods were main products. However‚ under new management‚ A&F Co. opened a store on Beverly Hills‚ California. A&F Co. to aim rich‚ fitted‚ attractive‚ provocative
Premium American Eagle Outfitters Television Television program