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USPshnik [31]
4 years ago
5

3) What are the main factors behind economic growth? Write a short essay. Be expansive. Take a broad view of this question. What

institutional factors are important? What cultural factors are important? But be sure to include the traditional economic factors. What factors are most important?
Business
1 answer:
viva [34]4 years ago
8 0

Explanation:

  • It is a level of goods and services provided by the country in a specific period
  • Certain factors associated with the economic growth are

1. Natural resources: Every country must protect their land forms so that the natural resources like oil or mineral can be obtained adequately and thus it can boost the economy of the country

2. Infrastructure: Creating an successful infrastructure make goods and services faster and thus increasing the economic growth.

3. Higher population: There are both advantages and disadvantages. We have high man power and on the other side there might be huge unemployment too.

Culture is closely associated with the branch of economy because it can turn the country upside down. Because, it is the culture which decides the like and unlike of a particular product.

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Which communication network involves one person acting as a gatekeeper regulating the flow of information?
aliya0001 [1]
I believe the answer is wheel network.
In wheel network, only one person has the authority to give all informations to all a members of the company (usually the leaders).
This type of network information has the least chance of misunderstanding the information because the source of information hasn't been passed  around from one perceptive to another.
6 0
3 years ago
Reinvesting cash flow allows a firm produce additional products and generate additional sales.
german
True I think I am not 100% sure
5 0
4 years ago
What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?
PIT_PIT [208]

The calculation used is mentioned as

Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}.

What is Annual Interest Amount?

  • An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of something like the principal you'll be  paying yearly. APR is another term for the yearly rate of interest payable on investments that does not take into account the annual compounding of interest.
  • What you still owe just on mortgage principal is known as the loan balance. The loan balance is calculated as the difference here between initial mortgage balance and the sum of your principal payments. It's crucial to be aware of your loan's balance.
  • An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate refers to the amount you pay for borrowing money and is expressed as a percentage of the overall loan amount.

The calculation used is illustrated as :

Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}

Learn more about Annual Interest Amount here:

brainly.com/question/2151013

#SPJ4

7 0
2 years ago
"what creates the basis for a simpler compensation system that de-emphasizes structure and places greater importance on flexible
Anna71 [15]

The answer to this question is “Broad Banding”. This is a term used to having extremely wide salary bands. When a typical salary band has 40% difference in pay between its minimum and maximum, broad banding can go as much as 100% difference. Due to this, there is a collapse in demand for vertical promotions since salary grade for one position is divided into few wide bands. This promotes lateral development of employees.

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5 0
3 years ago
If W. Edwards Deming was your management consultant, he would emphasize
VARVARA [1.3K]

Answer:

Letter A. <u>Quality through constant innovation and quality assurance training.</u>

Explanation:

Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.

He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.

  • PLAN:  define objectives, methods and resources.
  • DO: Perform, educate and train.
  • CHECK: Measure and evaluate
  • ACT:  act correctly.

Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.

4 0
4 years ago
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