The growth rate in India on the eve of independence was 0.5% per annum.
<h3>What is independence?</h3>
Independence refers to the act of getting free from controlling of the dominating or ruling parties.
On the eve of independence, the economy was sluggish, and agriculture was the main activity that sparked growth. The colonial authorities made no serious attempt to assess India's national and per capita GDP.
Therefore, it can be concluded that 0.5% p.a. was the growth of the India at the time of independence.
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Surpluses push the price down toward the equilibrium and shortages raise the price to the equilibrium
Answer: Planning
Some of the functions of management are planning, organizing, controlling, and leading.
Success depends on the "planning" function they will have to execute the task of sponsoring the golf tournament. Since they must map who will be the main participants and if they could be related to the bank, they must also have the best marketing strategy, place the right advertising in the right places to meet their objectives
Answer:
C. Utilize coercive powers
Explanation:
Utilizing coercive powers will make the individual and team feel intimidated which would make them inconfident of themselves
Answer: When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.
A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes in order to sell products or provide services under the franchisor's name.
A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.
All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.
