Question

In: Economics

Which of the following are not engaged in transactions with the corporation and are not essential...

Which of the following are not engaged in transactions with the corporation and are not essential for its survival?
Employees
Fair labor associations
Governments
Regulation communities

Which of the following describes the standardized product stage in the product life cycle theory?
The demand for the product grows in undeveloped nations.
The ability  to produce the product grows in developed nations.
The production of the product moves to low-cost developing nations.
The production of a product commanding a price premium will be concentrated in the lead innovation nation.

Which of the following is true of "quantitative easing" (another way to say “printing a large amount of money”)?
It depreciates the currency that is being printed.
It appreciates the currency that is being printed.
It increases the inflation rate in the country.
It increases the exchange value of the currency.

According to the Organization for Economic Cooperation and Development, the 2018 gross domestic product of Japan was $5,248B. Japan’s _____ income of $5,442B was calculated by adding the income from non-resident sources abroad.
absolute
gross national
net national
operating

Realizing its call center activity was marginal, common across multiple end-user industries and could also be provided by proven talents abroad, Lenovo PC International decided to outsource it.

If this wasn’t true about the call center activity, Lenovo would have decided ______ would be necessary.
captive sourcing
foreign portfolio investment
licensing
offshoring  

Solutions

Expert Solution

Which of the following are not engaged in transactions with the corporation and are not essential for its survival?
- Governments

Reason - This is because Government are not the stakeholders of the company and thus, do not effect the corporation in any way.

Which of the following describes the standardized product stage in the product life cycle theory?
- The production of the product moves to low-cost developing nations.

Explanation - In the standardised product stage in the product life cycle theory, the production moves to the developing countries which later on is shipped to the developed nations.

Which of the following is true of "quantitative easing" (another way to say “printing a large amount of money”)?
- It depreciates the currency that is being printed.

Explanation - When there is a quantitative easing, the money supply increases as a result of printing of more money in the economy. This will effect the interest mechanism and depreciate the currency that is being printed.

According to the Organization for Economic Cooperation and Development, the 2018 gross domestic product of Japan was $5,248B. Japan’s _____ income of $5,442B was calculated by adding the income from non-resident sources abroad.
- gross national income

Reason- The gross national income is calculated by asd adding the income from foreign souces or non-resident sources abroad to the gross domestic product of the domestcountry.


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