Which of the Following Is an Indicator of Economic Development

question 31

Multiple Choice

Which of the following is an indicator of economic development?

• A) Population expansion
• B) Expanding state ownership
• C) Extent of social overhead capital
• D) Social reformation
• E) Cultural diversity

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Definitions:

Exploitative Innovation

Exploitative Innovation involves leveraging existing knowledge and resources to improve or refine products, services, or processes.

Learning Organization

An organization that is skilled at creating, acquiring, and transferring knowledge and at modifying behavior to reflect new knowledge and insights.

Supervisory Training

Education or coaching geared towards equipping individuals with the knowledge and skills needed to oversee and guide a team effectively.

Top-Management Team

A group of high-ranking executives who are responsible for managing the overall operations and strategic direction of a company or organization.