income approach. B) cost approach. C) expenditure approach. D) product approach. 6) 7) We know the following about a tie manufacturer: tie sales $1‚300‚ cotton purchases $750‚ wages $400‚ interest on business loans $100‚ and profits $50. What is the contribution to GDP of this producer using the income approach? A) $450 B) $400 C) $500 D) $550 7) 8) If real GDP grows faster than nominal GDP‚ it is a sign that A) inflation is negative. B) there is galloping inflation. C)
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What micro environmental factors have affected Xerox’s performance since the late 1990s? Xerox has dominated the industry by inventing photocopying‚ but changes in the internal environment shook its fortune and market value. At the beginning of technological change‚ Xerox lacked a solid management level. Poor leadership makes poor marketing decisions. Restricted product options limited necessary opportunities for growth and staying atop competition. They were stuck on the copying and printing technology
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CHAPTER 1 MACROECONOMIC SITUATION After an impressive growth performance for almost six years‚ the world economy has entered a period of uncertainty due to a financial turmoil triggered by the subprime mortgage crisis in the United States of America (USA). During 2002 to 2007‚ the world economic growth averaged 4.5 percent per annum compared to 3 percent in the 1990s. The sudden gloom in world economic prospects has come as a surprise in view of the persistent economic growth and stability
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must develop in order to be successful in his chosen career. A person’s ability to communicate is exhibited in the way he or she writes reports for future presentation to persons who are superior in position. According to Michael Lee‚ there are factors that help to develop good communicative skills in English and these include the love of reading books. This if developed helps a person to learn the English language better and helps him construct better sentences and paragraphs essential in future
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What Factors Affect Motorcycle Insurance Rates‚ should helmets be considered? By Eddie Wenzel and Vincent Starkson Group 18 Dr. Zhang Fall 2012 10:00 AM Section Purchasing motorcycle insurance is not the same as purchasing car insurance because different factors will affect the premium. Both you and your motorcycle will be considered by the insurance company‚ and there are several ways you can decrease your motorcycle insurance. The following are the most common factors that
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INTRODUCTION McDonalds‚ being an American based fast food company was also very successful in other western countries. The cultural and consumer behavioral similarities among those nations might have caused a positive impact in this success. However it’s not only in western countries that McDonalds was successful but also in eastern countries as well. Among those Asian countries‚ McDonalds has become one of the most preferred fast food destinations. After xxx years of its operations‚ with vast experience
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After reading the book‚ please complete the following questions for discussion. Your responses must be typed‚ and they will be collected on the first day of class. Chapter 1: The Power of Markets 1. What are the two basic assumptions that economists make about individuals and firms? 2. What is the role and significance of prices in the market economy? 3. What’s so great about a market economy anyway? Chapter 2: Incentives Matter 1. Explain how each of the following relates to
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sustainability‚ with recommendations aimed at propelling the organization into a sustainable corporation. Among the strategic issues affecting sustainability are identified as obesity‚ advertisements targeting children‚ environmental pollution and treatments of animals. These and others factors have pressured McDonald’s to shift to a more socially responsible position‚ as evident in its current corporate social responsibility practices. The study ends with recommendations geared towards a sustainable corporation
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1. What kind of change is this: a cultural change‚ change of working method‚ reorganization or a combination? Why do you think so? We had a look at the press releases of the last six months of McDonalds as a company. We also checked their latest annual report. The most remarkable change that McDonalds went through in the last six months was a combination of: change of work method and reorganization. On this 40th anniversary of the first Earth Day‚ McDonald’s is officially launching their “2010
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----------------------------------- Feb 6‚ 2006 Ethical Criticism of McDonalds http://www.echeat.com/essay.php?t=28470 Arguably the most important aspect of an organization is its emphasis on ethical behavior. The key premise was that by ‘doing the right thing’ internally and externally‚ businesses created a good working atmosphere‚ while also benefiting society and the environment. The problem is that many ethical issues are subjective and based on one’s values and beliefs. As a result
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