Research has found that employees whose managers participated in leadership training programs reported higher levels of organizational commitment afterwards.
<h3>Why is leadership development crucial for a company?</h3>
Managers and leaders are often encouraged through leadership skills training to: Discover fresh, creative approaches to managing and developing people.create fresh business chances.
Take on the bigger socioeconomic problems they are facing.
<h3>How might leadership abilities enhance work performance?</h3>
Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.
These are the qualities that hiring managers search for in candidates for leadership positions.
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Answer:
Kindly check explanation
Explanation:
High economic growth is usually the aim of several economic policies whichnmost countries try to employ. The reason for this is no other than the numerous benefits attached to it which includes;
Increase in GDP : With growth in the economy of a country, trading within and outside these countries will rise, leading to increase in revenue earned and hence, the gross domestic product. This will pave the way for :
Infrastructural development : The development of infrastructure and standard society will be on the horizon as the economy grows. There is enough capital to embark on infrastructural development which will serve the populees
Other benefits include ; Trade and investment opportunities ; Increase in foreign direct investment and employment level will increase.
High economic growth also has it's drawbacks which include ;
Higj Immigration level ; Businesses and individuals are always on the lookout for areas with good investment opportunity in which an high income society is usually a main target. With increasing immigration, overcrowding may result.
Also, Investment cost may begin to rise, coupled with increase in foreign investment influx, the local market may be at risk of being able to compete.
I guess the closest answer is $31,060.
If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.
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