There are two basic approaches to assessing development, each with many variations. The first and most frequently used to date is to focus on the __________, since that shows what a nation's people are producing, and thus what they are earning and able to consume.

Fill in the blank(s) with the appropriate word(s).


economy

There are two basic approaches to assessing development, each with many variations. The first and most frequently used to date is to focus on the economy, since that shows what a nation's people are producing, and thus what they are earning and able to consume.

Business

You might also like to view...

Questionnaires are used for studies in which respondents are asked questions and when respondents are observed

Indicate whether the statement is true or false

Business

Helena is a person who resolves conflict between two or more parties. When she is brought in to resolve conflict, her decision is legally binding on both parties. Helena can best be called a(n) ______.

A. mediator B. facilitator C. arbitrator D. judge

Business

Which of the following is a disadvantage of the balanced-scorecard approach?

A. It fails to link the strategic vision to responsible parties within the organization. B. It provides limited guidance about which metrics to choose. C. It provides limited guidance for designing and planning business processes. D. It fails to translate the vision into measureable operational goals.

Business

Raw materials are different from other business products, in that

A. buyers of raw materials do not seek sources of supply. B. raw materials require grading. C. raw materials never involve contract production arrangements. D. pricing decisions for farm products are more complicated. E. raw materials require a lot of handling before moving to the next production process.

Business