Measuring GDP

by | Feb 26, 2023 | Economics

          GDP is the sum of all income earned in a country during a year. Alternatively, it can be thought of as the value of all production in an economy during a year. But do income and production measure happiness? The way we measure GDP...

Capital budgeting

by | Feb 25, 2023 | Economics

          Capital budgeting covers fixed assets such as land, buildings, and long-life capital projects financed over two or more years. It is based on the overall operating plan and is part of the strategic vision for the organization. Many...

The effects of increases on minimum wages

by | Feb 25, 2023 | Economics

            Begin by locating a scholarly article regarding the effects of increases on minimum wages and discuss its findings. Does a minimum wage increase lead to reductions in employment, or is the overall effect on employment net...

Logistics and supply chain management

by | Feb 24, 2023 | Economics

      In 3-5 pages, list and discuss: · At least two basic lean tools and how they could improve logistics and supply chain management? · At least two advanced lean tools and how they could improve logistics and supply chain management? · What is kaizen...