What Do Managers Have to Do in Order for Organizations

question 12

Multiple Choice

What do managers have to do in order for organizations to succeed?

• A) Hold meetings
• B) Have systems to hold people accountable for achieving specific desired results
• C) Search for goals and actions
• D) Follow up on their subordinates' actions daily

Differentiate between nominal GDP and real GDP and understand the implications of changes in each.

Comprehend the significance of the GDP deflator and inflation in the economic context.

Identify and explain the major components of national income.

Recognize the role of investments, government spending, and net exports in the economy.