Which Elements of GDP Were Affected by the Financial Crisis

question 25

Multiple Choice

Which elements of GDP were affected by the financial crisis and the lack of available credit?

• A)consumption and business investment only 
• B)consumption and government spending only 
• C)consumption, business investment and government spending only 
• D)consumption, business investment, government spending and imports/exports

Recognize the role of personal interaction skills, such as effectiveness on the phone, in professional communication.

Perceive the implications of multitasking on workforce efficiency and individual performance.

Understand how information technology influences the bypassing of formal communication channels.

Understand the social-psychological definition and causes of loneliness.

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Definitions:

Customer-Driven Companies

Businesses that prioritize the needs and preferences of their customers in all aspects of their operation, from product development to customer service.

Additional Value

The extra features or benefits offered by a product or service, beyond the basic functions, that can lead to increased customer satisfaction and loyalty.

Customer Satisfaction

An indicator of how well a product or service meets the expectations of its users, critical for cultivating customer loyalty.

Needs and Expectations

The basic requirements and desired levels of satisfaction that consumers seek in products and services.