The Process That Produces Sustained and Widely Shared Gains in Per

question 83

Multiple Choice

The process that produces sustained and widely shared gains in per capita GDP is called

• A) economic growth.
• B) economic transition.
• C) economic development.
• D) economic advancement.

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Definitions:

Organizational Vision

Organizational Vision is a strategic declaration of what an organization aspires to achieve in the future, guiding its direction and decisions.

Survival Anxiety

The fear that an organization or individuals may fail to survive due to inadequate adaptation to changing environments or internal issues.

Role Models

Individuals whose behavior, example, or success is or can be emulated by others, especially by younger people.

Planned Change

A deliberate effort to improve an organization's effectiveness or efficiency through modifications in processes, policies, or technologies.