According to the Rule of 70, We Can Estimate How

question 58

Multiple Choice

According to the rule of 70, we can estimate how long it will take a country to double its real GDP per capita by:

• A) dividing the average growth rate by 70.
• B) dividing 70 by the average growth rate.
• C) dividing the current real GDP per capita by 70.
• D) multiplying the average growth rate by 70 percent.

Recognize the impact of training and development on employee performance and organizational competitiveness.

Identify legislative and policy frameworks in Canada that influence training and development.

Understand the relationship between strategic human resource management practices and organizational performance.

Appreciate the role of environmental factors, both internal and external, in shaping training and development initiatives.

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Definitions:

Jurisdictions

The official power to make legal decisions and judgments, often restricted to a certain geographical area or type of case.

Mental Incapacity

A condition where an individual is unable to understand or make rational decisions due to mental disability or disorder.

Unconscious

A state in which a person is not awake and not aware of and responding to their environment.

Legal Representative

An individual or organization officially appointed to act on another's behalf in legal matters or proceedings.