| 1. |
m/s sneha is a production manager in globus ltd she supports her subordinate and thus create confidence in them this results in a congenial work environment in the company what importance of leadership highlighted here? |
|
Answer» tion:After a resurgence in 2017, global economic activity slowed down in latter part of the previous calendar year. Multitude of FACTORS contributed to this – escalating trade tensions, tightening financial conditions, slowing demand – reflected in weak consumer and business confidence. DESPITE holding up its position as one of the fastest growing economies, the Indian economy too WITNESSED a slowdown in FY19. This was caused by declining growth of private consumption, tepid increase in fixed investment and weak exports. Private consumption in turn was impacted by slowdown in growth of agricultural sector. Overall sentiment remains muted in the economy The consumption sector has also been impacted by slowdown in rural consumption, which hitherto was driving the pace of expansion. Both tightening LIQUIDITY and slower WAGE increases contributed to this slowdown. |
|