Question
question 1 refer to colgate company for the given scenario below The gross domestic product (GDP) of a country is one of the main indicators
question 1
refer to colgate company for the given scenario below
The gross domestic product (GDP) of a country is one of the main indicators used to measure the performance of a countrys economy. The Macmillan dictionary defines economy as the system by which a countrys trade, industry and money are organised. GDP can be thought of as the total value of all goods and services produced within the borders of a country during a specific period of time, usually a year or a quarter (StatsSA, 2013). GDP growth is not only important for a country, but it is also important for any business. Write a maximum of one page on why good economic growth (GDP growth) is vitally important for a business. What are some aspects of a business or your business that is directly affected when the country experiences good economic growth?
to do:
provide clear explanation to the given information
provide in lenght of 4000 words the entire explanation
provide calculations example if possible
provide 10 diffrent refences in harvard syle only
question 2
refer to colgate company for the given scenario below
Businesses have different strategies for when a country is in a recession or an upswing. Do some research within the company or in general and evaluate what your company would do when the business cycle is in a recession or in an upswing. Consider your costs, production, and employment as factors to touch on and supply and demand. Write a maximum of two pages.
to do:
provide clear explanation to the given information
provide in lenght of 4000 words the entire explanation
provide calculations example if possible
provide 10 diffrent refences in harvard syle only
question 3
refer to colgate company for the given scenario below
Taxes are a part of our everyday lives, and it is something that cannot be avoided. There are many different types of taxes such as personal income tax, company tax as well as value added tax just to name a few. By doing some further research into your company and all the different type of taxes you pay write a maximum of one page on how taxes affect your company by summarising and explaining the different taxes that affect your company.
to do :
provide clear explanation to the given information
provide in lenght of 4000 words the entire explanation
provide calculations example if possible
provide 10 diffrent refences in harvard syle only
question 4
refer to colgate company for the given scenario below
Just by summarising, identify from the various chapters completed which 3 concepts plays a dominant role in your business, this will differ from business to business as each have a different focus and use certain concepts more than others. By doing this you can identify key economic concepts which have the biggest effect on your company, whether it is positive or negative and this will assist you to know on which areas in your company there should maybe be focused on more or less to increase productivity and effectiveness.
to do :
provide clear explanation to the given information
provide in lenght of 4000 words the entire explanation
provide calculations example if possible
provide 10 diffrent refences in harvard syle only
PLEASE GET IT DONE AS SOON AS POSSIBLE BECAUSE ITS URGENT!!!
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