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University (Scenario)
Gina is a dean at Polydor College, a school with almost 6,000 students. In her daily activities, she has to deal with problems that involve students, faculty, curriculum, budgets, and a variety of other things.
Among the problems Gina needs to deal with are complaints from students that the Physics Department has only one faculty member who is a woman and one who is a member of a minority group. Gina has been meeting with the department chair to address this problem.
Gina recognizes that students and parents pay a lot of money to attend the university, so when large and small problems arise Gina wants them dealt with effectively. She has installed a 24-hour "Hassle Line" with highly trained people to answer questions and solve problems. She hopes to have her Hassle Line employees function within a customer responsive culture.
-Gina sees her school's greatest opportunity to increase enrollment in prospective students who were born in the 1980s and early 1990s. What term describes these prospective students?
Nation's Exports
The goods and services a country sells to buyers in other countries, contributing to its gross domestic product (GDP) and economic health.
Balance of Payments
A comprehensive record of a country's international transactions over a period, showing the total trade of goods, services, and financial assets between residents and non-residents.
Overall Economic Activity
The total amount of production, consumption, saving, and investment happening in an economy at any given time.
Exports and Imports
Exports refer to goods and services sold by a country to other countries, whereas imports are goods and services bought by a country from other countries.
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