Explosion in the World's Population and the Resulting Economic Growth

question 121

Multiple Choice

Explosion in the world's population and the resulting economic growth has brought the issue of environmental sustainability to centre stage and as a result _______ forces have become of greater concern.

• A)ecological
• B)social
• C)technological
• D)legal

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Definitions:

Low Cash Balance

A situation where an individual or organization has a minimal amount of cash on hand, potentially affecting their ability to cover short-term liabilities.

BAT Model

Stands for the Biodiversity Assessment Tool, a method used to evaluate or predict the impacts of development projects on biodiversity.

Miller-Orr Model

A financial model that helps in managing cash balances by setting upper and lower limits on cash reserves.

Miller-Orr Model

A finance model that helps in managing cash flows and cash reserves in a business efficiently.