Using the Income Approach for Calculating GDP, Which of the Following

question 127

Multiple Choice

Using the income approach for calculating GDP, which of the following was the largest contributor to Canada's national income in 2017?

• A)Employee compensation
• B)Gross operating surplus
• C)Gross mixed income
• D)Taxes

---

Definitions:

Marketing Strategy

A company's comprehensive strategy for identifying potential customers and converting them into clients for their goods or services.

Positioning

The strategy of designing a company’s offering and image to occupy a distinct place in the mind of the target market, distinguishing it from its competitors.

Implementation

The process of putting a plan or strategy into operation.

Strategic Planning

The process of defining a company’s direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.