What is the difference between GDP and GNP?

The main difference is that GNP takes into account net income receipts from abroad. GDP is a measure of (national income = national output = national expenditure) produced in a particular country.

GDP = A nation GROSS DOMESTIC PRODUCT withing her shores

GNP = A nation GROSS NATIONAL PRODUCT in relation to international factors

Explanation:

GDP reflects a nation's Gross Domestic Product. Inorder words, It has to do with the nation's output value. How much a nation produces Services. Also, it contains a nation's expenditures, a nation's income. (These income involves both foreign and Multinationa investment)

GDP helps in accessing , scoring and grading a nation's untilization of her resources and how stable it's political powers are from an economic standpoint.

GNP = Gross National Product

It is a broader way of accessing a nation's economy strength with respect to international bodies, international countries and international factors.

GNP is the summation of a nation's GDP and net income from internationals.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

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