Answer:
39 years
Explanation:
Under the rule of 70, the economy doubles its real GDP per capita income
In this the computation is done by dividing the 70 by the annual growth rate
So, the formula is shown below:
Time period = Rule of 70 ÷ growth rate
where,
Growth rate is 1.8%
So, the time period at which the GDP doubles is
= 70 ÷ 1.8
= 39 years
By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles
Empowering employees means to provide the training, tools, resources, motivation, and encouragement you workers need to perform at an exceeding level. It is important because it help employees build confidence and a better working community.
<span>I once saw an advertisement for a weight loss supplement. The persons in the ad seemed to change significantly after using the product. Apart from their appearance, everything seemed to be going better for them. Being that I struggle myself with weight issues that ad activated my desire to get slimmer and change things in my life too. I wanted that supplement at all cost.</span>
Planning and organizing of business success are reflected in this scenario.
Since the business proprietor is worried about analyzing the materials and equipment that are for use on an ordinary basis and he plans to shop for them in bulk. That is a clean instance of making plans as it entails the analysis of providers and equipment after which establishing them in order to shop for them in bulk.
Planning is the process of thinking regarding the sports required to obtain a preferred goal. Planning is primarily based on foresight, the essential potential for a mental time journey. The evolution of forethought, the potential to think in advance, is considered to have been a top mover in human evolution.
Organizing (management), is a procedure of coordinating mission desires and sports to assets. community organizing, wherein groups come together to act on their shared self-interest. expert organizing, an industry built around creating organizational structures for people and companies.
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