Claudeco Ltd is mainly encouraging option C: Servant leadership, where executives and supervisors act as coaches, stewards, and facilitators to employees, aiming to make it easier for them to perform their jobs.
Servant leadership emphasizes the leaders' focus on serving and supporting their employees. They prioritize the needs and well-being of their employees, acting as coaches, stewards, and facilitators to help employees perform their jobs effectively.
By adopting this approach, Claudeco Ltd encourages a culture where leaders prioritize the growth and development of their employees, fostering a supportive and empowering work environment.
Option A, Transformational leadership, focuses on inspiring and motivating followers to achieve their full potential and surpass their own self-interests. While elements of coaching and facilitating may be present, the main emphasis is on transformation and vision.
Option B, Implicit leadership, refers to leadership that is not explicitly defined or communicated but is instead inferred or understood by employees. It does not specifically address the role of coaches, stewards, and facilitators.
Option D, the Competency perspective of leadership, focuses on leaders' skills, knowledge, and abilities to perform their roles effectively.
While coaching and facilitation skills may be relevant in this perspective, it does not specifically emphasize the servant leadership aspect of supporting employees and making their jobs easier.
Therefore, Claudeco Ltd's emphasis on executives and supervisors acting as coaches, stewards, and facilitators aligns with the concept of Servant leadership.
Learn more about work environment here :
https://brainly.com/question/23768936
#SPJ11
Question 1 in the plan stage of the data life cycle, what decisions would a data analyst make? select all that apply. 1 point what kind of data is needed how the data will be managed how the data will be analyzed who will be responsible for the data
In the plan stage of the data life cycle, a data analyst would make the following decisions:
What kind of data is needed
How the data will be managed
Who will be responsible for the data
These decisions are important to ensure that the data is collected and managed in a way that will support the analysis that needs to be done, and that the right people are involved in the process.
The decision on how the data will be analyzed is typically made in the next stage of the data life cycle, the analyze stage.
In the plan stage of the data life cycle, a data analyst would typically make decisions related to the planning and design of the data project. Specifically, they would make decisions related to:
For more such questions on Data life cycle
https://brainly.com/question/14096313
#SPJ11
Company Law
In your opinion, how does the auditor, company secretary and
directors work together to ensure compliance with the Companies Act
2016 and the company's constitution? Where possible, use an
The auditor, company secretary, and directors work together to ensure compliance with the Companies Act 2016 and the company's constitution. Each plays a different but equally important role in ensuring that the company complies with the law and its own constitution.
The auditor is responsible for auditing the company's financial statements to ensure that they are accurate and comply with accounting standards. This includes ensuring that the company has appropriate internal controls to prevent fraud and error. The company secretary is responsible for ensuring that the company complies with all legal and regulatory requirements. This includes maintaining the company's registers, filing the company's annual returns, and ensuring that the company complies with any other legal or regulatory requirements. The directors are responsible for managing the company and ensuring that it complies with the law and its own constitution. This includes making sure that the company's activities are in line with its stated objectives, that the company has appropriate risk management processes in place, and that the company's policies and procedures are up-to-date and effective. The auditor, company secretary, and directors work together to ensure that the company complies with the law and its own constitution. They communicate regularly to ensure that everyone is aware of the company's activities and any issues that need to be addressed. If there are any problems, they work together to find solutions and take appropriate action.
To know more about financial statements, visit:
https://brainly.com/question/14951563
#SPJ11
Why is it important to use the right strategies to beat competition?:
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
an obligation of repayment owed by one party to a second party called is
An obligation of repayment owed by one party to a second party called is debt.
Debt is defined as something borrowed from another party, usually money. Many organizations and individuals utilize debt to finance major expenditures that they could not otherwise afford.
A debt agreement allows the borrowing party to borrow money on the condition that it be paid back later, usually with interest. Loans, such as mortgages, vehicle loans, personal loans, and credit card debt, are the most common types of debt.
A loan requires the borrower to return the loan total by a specific date, which is usually several years in the future. The loan terms also include the amount of interest that the borrower must pay annually, indicated as a percentage of the loan amount.
Interest is utilized to compensate the lender for taking on the risk of the loan while simultaneously pushing the borrower to repay the loan soon in order to reduce their total interest expense.
To know more about debt:
https://brainly.com/question/27333284
#SPJ4
Using the pie chart in your reading, what percentage of our total tax dollars is used by the federal gov. to fund the social security and Medicare programs?
Answer: 38%
The percentage spent on Social Security and Medicare of the total is = 28.32% of the Total Spending.
The total amount of funds used by the Federal Government for social security and Medicare in the year 2020 is $1.869 Trillion.
The total Medicare and Social Security spending:
Medicare ($ 769,000,000,000) + Social Security ($ 1,100,000,000,000) =
Total ($ 1,869,000,000,000) or $1.869 Trillion
The percentage of the Medicare and Social Security spending as a percentage of the total spend:
The Total Spend = $6.6 Trillion (or $6,600,000,000,000)
The percentage spent on Social Security and Medicare of the total is:
Formula = (Value / Total) x 100%
= ($1.869 Trilion/$6.6 Trillion) x 100%
= ($ 1,869,000,000,000/$6,600,000,000,000) x 100%
= 0.28318181818 X 100%
= 28.32%
Learn more about Medicare, here;
https://brainly.com/question/14011571
#SPJ1
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
To know more about loan here-
https://brainly.com/question/11794123
#SPJ4
When you’re building wealth through investing, the long-term growth is amazing. If you were to invest $350 per month at a 12% rate of return, how much money would you actually contribute over 30 years? Over 40 years? How much of those totals would come from the growth of your investments at 30 years? At 40 years?
Answer:
You would contribute 126,000 if it was over the period of 30 years, and you would contribute 168,000 if it was over the period of 40 years. Over those 30 years the amount that came from the growth of the investment would be 1,097,236. Over those 40 years the amount that came from the growth of the investment would be 3,949,667
Explanation:
An individual would contribute 126,000 if it was over a period of 30 years, and one would contribute 168,000 if it was over a period of 40 years. Over those 30 years, the amount that came from the growth of the investment would be 1,097,236. Over those 40 years, the amount that came from the growth of the investment would be 3,949,667.
What is investment?When one is concerned about the future and having enough money to meet all their basic needs and luxury needs as well, one would like to save more and more money for this purpose.
The best procedure is to go through a bank and open an account. On the other hand, one can make contributions for a particular time period. It can be for 10 years, 20 years, or many more.
With that passage of time, the investment that has been made will also go and, after a certain period of time, whatever one has invested will get one back but with the particular amount of interest that has been added on to it.
When one gets the whole investment, it will be easy for one to use that lump sum amount wherever they want.
Learn more about investment here:
https://brainly.com/question/15353704
#SPJ2
do you want high or low interest rate on loan/credit explain
Answer:
People with higher credit scores should qualify for loans at better rates.
Explanation:
If you have a credit score of 750, 36% interest rate would be a considered a higher interest rate -- but if your score is 580, this would likely be a very good interest rate based on your credit history.
Hope this helps! Have a great day my loves <3
When customers search online for information on cars from multiple sources such as Edmunds.com and True Car.com and then buy a car offline from a dealer, this best illustrates the concept of: Channel conflict Increased coverage through channels Unbundling channel flows and omnichannel purchase
When customers search online for information on cars from multiple sources such as Edmunds.com and True Car.com and then buy a car offline from a dealer, this best illustrates the concept of unbundling channel flows and omnichannel purchase. Unbundling channel flows is the process of separating channels into distinct functions that can be performed by different channel partners.
The Internet has made it possible to unbundle channels in many industries, allowing companies to use online channels for research and offline channels for transactions. This approach can provide customers with a seamless experience, enabling them to move from online research to offline purchase without having to switch channels.Omnichannel purchase refers to the process of purchasing a product or service through multiple channels, such as online, offline, or mobile. This approach allows customers to choose the most convenient channel for their needs, and it provides companies with a broader reach and increased coverage.
To know more about multiple visit :-
https://brainly.com/question/14059007
#SPJ11
Regulatory requirement of health insurance that requires the insurance company to sell a policy to anyone who requests it. Question 3 options: adverse selection issue individual mandate issue guaranteed issue moral hazard issue
The regulatory requirement of health insurance that requires the insurance company to sell a policy to anyone who requests it is known as "guaranteed issue."
Guaranteed issue is a regulatory requirement in health insurance that ensures insurance companies must sell a policy to any individual who requests it, regardless of their health status or pre-existing conditions. This requirement aims to eliminate the practice of denying coverage or charging higher premiums based on an individual's health condition. By implementing guaranteed issue, insurance companies cannot selectively choose who they provide coverage to, thereby reducing adverse selection issues and ensuring that individuals have access to essential health insurance coverage.
This requirement promotes equal access to health insurance and protects individuals from being denied coverage due to their health status.
Learn more about insurance here: brainly.com/question/27822778
#SPJ11
Federal reserve policy requires sun-trust bank to hold 12% of its deposits as reserves. Sun-trust bank policy prevents it from holding excess reserves. If the federal reserve bank purchases $20 million in bonds from sun-trust what will be the result?.
If Fed buys bonds from Sun-Trust Bank, result would be that money supply in the economy increases.
What is money supply?The entire amount of money owned by the general population at a specific period is referred to as the money supply in macroeconomics. There are many ways to define "money," but common measures typically comprise circulation-level money and demand deposits. A nation's central bank is permitted to establish its own definition of what constitutes legal money. A government agency or the nation's central bank often collects and publishes information on the country's money supply. Because they think that variations in the money supply have an impact on inflation, economic cycles, currency rates, and security prices, both public and private sector experts keep an eye on changes in the money supply. The quantity theory of money has always been linked to the relationship between money and prices.
To learn more about money supply, visit:
https://brainly.com/question/29883138
#SPJ4
HURRYYY!! The extent to which critical thinking skills are used is influenced by the learner's motivation to do well.
TRUE or FALSE
Answer:
TRUE
Explanation:
Get out of my swamp!
Answer:
i think true
Explanation:
During the month of January, an employer incurred the following payroll taxes: FICA Social Security taxes of $272.80. FICA Medicare taxes of $63.80, FUTA taxes of $26.40, and SUTA taxes of $237.60. Prepare the journal entry to record the employer's payroll tax expense assuming these wages will be paid in early. February. (Round your answers to 2 decimal places.)
View transaction list 1:10:28 Journal entry worksheet < Record employer payroll tax expense. Note: Enter debits before credits. Date Debit Credit January 31 General Journali
On January 31, the journal entry for an employer's payroll tax expense assuming these wages will be paid in early February are given below:
Taxes$26.40SUTA Taxes$237.60 Payroll Tax Expenses (expense account)$600Total$600$600The entry is recorded as a part of the accrual accounting system in the general journal to ensure that expenses are recognized during
the period in which they are incurred and the obligation to pay in the future is met.An expense is recorded when a liability is incurred, whether it is paid or not. In this scenario, the employer incurred the following payroll taxes during the month of January:FICA Social Security taxes of $272.80.FICA Medicare taxes of $63.80.FUTA taxes of $26.40.SUTA taxes of $237.60.Therefore,
the journal entry will be recorded in the general journal as above.Hence, the detailed answer for the given problem is as shown above, which includes more than 100 words.
To know more about journal visit:
https://brainly.com/question/32420859
#SPJ11
Determine whether you have enough monies to live comfortably each year for 20 years in your dream state of Oregon.
Assume you are at age 65 and have the following assets:
Pension Plan worth $375,000. You plan to take an ordinary annuity on your pension to withdraw all assets in 20 years. Assume 4. 5% interest per year. You will get monthly payments for 20 years.
Social Security - $27,600 per year for 20 years. Assume that this is the amount you will receive each year.
Savings worth $140,000. You plan to take an ordinary annuity to withdraw all assets in 20 years. Assume 4. 25% interest per year. You will get monthly payments for 20 years.
Answer the following questions:
What will be the monthly amount received individually from the pension plan, social security, and savings? What will be the monthly total? Round all 4 answers to the nearest penny.
What will be the yearly amount received individually from the pension plan, social security, and savings? What will be the yearly total? Round all 4 answers to the nearest dollar.
What will be the 20-year amounts received individually from the pension plan, social security, and savings? What will be the 20-year total amount? Round all 4 answers to the nearest dollar.
Is the total amount enough to retire comfortably in your dream state of Oregon? What are your plans to make the required savings now and/or in the future to live comfortably in your dream state? Explain
The given information is insufficient to provide specific calculations for the monthly, yearly, and 20-year amounts received individually from the pension plan, social security, and savings. However, with the provided information about the assets and their respective interest rates, it is possible to make some general observations. To determine the exact amounts, the formulas for calculating annuity payments would need to be applied.
In terms of retirement planning, it is important to consider various factors to assess whether the total amount received is enough to live comfortably in Oregon for 20 years. Factors such as living expenses, inflation, healthcare costs, and personal preferences need to be taken into account. It is recommended to create a detailed retirement budget that includes all expected expenses and compare it to the projected income from the pension plan, social security, and savings. This will help determine if the income is sufficient to cover living expenses and maintain a comfortable lifestyle.
If the total amount falls short of the desired retirement income, additional savings and investments may be necessary. Individuals can consider options such as contributing to retirement accounts (e.g., 401(k), IRA), investing in stocks or bonds, or exploring other income-generating opportunities. Working with a financial advisor can provide valuable guidance in developing a comprehensive retirement plan and making the necessary savings and investment decisions.
Ultimately, the ability to retire comfortably in Oregon depends on personal financial goals, lifestyle choices, and the level of financial security one desires. It is crucial to regularly review and adjust the retirement plan as circumstances change to ensure a comfortable and secure retirement.
To learn more about annuity payments : brainly.com/question/29753490
#SPJ11
Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
Fiat Money Are Objects That Are Because The Law Decrees Or Orders Them To Be
A. Money, Money
B. Goods And Services, Goods And Services
C. Exchanged, Exchanged
D. Saved, Saved
Fiat Money Are Objects That Are money Because The Law Decrees Or Orders Them To Be money Option A
What is fiat money ?A form of currency known as fiat money is one that is not backed by any physical good, like gold or silver. Usually, the government that issued it declares it to be legal currency. Fiat money has occasionally been created throughout history by regional banks and other organizations.
A sort of currency known as fiat money is one that a government has legalized but does not have any inherent or fixed value and is not backed by any actual object, such as gold or silver.
Read more on fiat money here: https://brainly.com/question/29533889
#SPJ1
What are 3 areas of money management that confuse you?.
The 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
What is Money management?Money management refers to a conscious attempt to track expenses, investing, budgeting, banking and assessment tax liabilities
Some area of money management that confuse people in general includes:
Spending Too Much Too SoonOverestimating Future SalesFailing to Manage Cash FlowNot Analyzing PricesMixing Personal and Business FinancesConfusing Profit With CashHowever, the 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
Read more about money management
brainly.com/question/2801397
Limited partnership programs are categorized as direct participation programs. The term direct participation refers to A) the ability of any partner, limited or general, to participate in the running of the partnership. B) the ability, through the partnership democracy, for each partner to have her vote flow through to the general partner. C) the general partners directly participating in the day-to-day management of the partnership. D) the flow-through of profits and losses of the partnership to the individual limited partners.
Answer:
D) the flow-through of profits and losses of the partnership to the individual limited partners.
Explanation:
A limited liability company can be defined as a private company in which the owners are legally responsible for the company's debts but only to the amount of capital he or she has invested. The LLC can be referred to as a hybrid business entity that combines the limited liability-shield of a corporation with the pass-through taxation of a sole-proprietorship or partnership business.
In the United States of America, the owner of a LLC is not legally liable for the company's liability or debts.
Limited partnership programs are categorized as direct participation programs. The term direct participation refers to the flow-through of profits and losses of the partnership to the individual limited partners. Also, it prevents double taxation because only the owners or investors are taxed on revenues but not the entity.
according to the model developed by katz and kochan, at which level does the management make basic choices such as whether to work with its unions or to devote its efforts to developing nonunion operations?
The management level at which basic choices such as whether to work with its unions or to devote its efforts to developing non union operations is the strategic level.
At this level, management makes decisions about the organization’s future direction and objectives and how best to achieve them.
Management is the process of planning and organising the resources and activities of a business to achieve specific goals in the most effective and efficient manner possible.
Efficiency in management refers to the completion of tasks correctly and at minimal costs.
To know more about management here
https://brainly.com/question/14018453
#SPJ4
when a bank makes a loan to one of its customers, to the bank the loan is classified as
- neither an asset nor a liability
- an asset
- an asset in some cases and a liability in other cases, depending on the type of loan
- a liability
When a bank makes a loan to one of its customers, to the bank the loan is classified as an asset. In this case option B is correct.
The lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities is known as lending in the world of finance. The recipient, or borrower, incurs a debt and is typically responsible for paying interest on that debt until it is repaid in addition to the principal amount borrowed.
The promissory note or other document used to prove the debt will typically include information such as the principal amount borrowed, the interest rate being charged by the lender, and the due date. The subject asset(s) will be temporarily reallocated between the lender and the borrower as part of a loan.
Lenders are encouraged to make loans because of the interest they receive.
To know more about loan here
https://brainly.com/question/20688650
#SPJ4
bought a computer for ra 25000
double column cash book with discount and cash column
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
Answer:
41,900
June 01 Balance b/d 16,300
Explanation:
Devon forgets to pay her credit card bill for three months. What is the impact of her forgetfulness? (choose ALL correct answers) *A late payment fee will be charged to her account *A balance transfer fee will be charged to her account *Her A.P.R. (interest rate) will rise to 30.24% until she pays back the amount she owes. *Her A.P.R. (interest rate) will rise to 30.24% and stay there until she makes six consecutive minimum payments
Answer:
A late payment fee will be charged to her account.
Explanation:
As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.
Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.
Identify the three key roles of the scrum process.
multiple select question.
a. Product owner b. Development team c. Product champion
d. Technical lead e. Scrum master
The three key roles of the scrum process includes a. Product owner, b. Development team, e. Scrum master.
What do Scrum processes entail?Scrum is an agile software development methodology that relies on incremental and iterative processes. Scrum is an agile framework that is quick, flexible, adaptable, and effective and is made to provide value to the client throughout the course of the project.
Scrum is a particular kind of agile framework. It is a framework within which people can address complex adaptive problems while maintaining the highest levels of productivity and creativity in the product they deliver. Iterative process is used in Scrum.
To know more about scrum process visit:
https://brainly.com/question/10907217
#SPJ4
In 18th century, what was the main reason of slow down of Indian Foreign Trade
Answer:
Introduction to India’s Foreign Trade:
Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.
India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.
Explanation:
Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploitation. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’
To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.
The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.
In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.
in the circular flow model, households can obtain the income they need to purchase the products for consumption only by selling:
In the circular flow model, households obtain the income they need to purchase products for consumption by selling their resources or factors of production.
Households provide labor, capital, land, and entrepreneurship to businesses in exchange for wages, salaries, rents, and profits. This income earned by households allows them to participate in the market and consume goods and services produced by businesses.
The circular flow model illustrates the flow of economic activity between households and businesses. Businesses produce goods and services, which are then sold to households in exchange for payment. The income received by households is then used to purchase goods and services, completing the circular flow of income and expenditure. Thus, the ability of households to sell their resources to businesses forms the basis for their income generation, enabling them to participate in consumption within the economy.
To know more about circular flow model, click here, https://brainly.com/question/30404618
#SPJ11
During the current year, Geraldine has Section 1231 gains totaling $13,000. She also has $3,000 of Section 1231 losses. Three years ago, Geraldine reported a net Section 1231 loss of $6,000. Which of the following correctly describes the amount and treatment of the gain?A)$6,000 is treated as long-term capital gain, $4,000 is treated as ordinary incomeB)$6,000 is treated as ordinary income, $4,000 is treated as long-term capital gainC)10,000 is treated as long-term capital gainD)$10,000 is treated as ordinary income
During the current year, Geraldine has Section 1231 gains totaling $13,000. She also has $3,000 of Section 1231 losses.
What is ordinary income?
Ordinary income is income that is not subject to special tax treatment in the form of lower tax rates or other tax preferences. It is the most common form of income and includes wages, salaries, tips, commissions, bonuses, and net income from self-employment.
It also includes most types of investment income, such as dividends, interest, and capital gains, as well as rental income and any other income reported on IRS Form 1040. Ordinary income is subject to taxation at the taxpayer's marginal tax rate, which can range from 10% to 37%.
Three years ago, Geraldine reported a net Section 1231 loss of $6,000. Which of the following correctly describes the amount and treatment of the gain.$6,000 is treated as long-term capital gain, $4,000 is treated as ordinary income.
To learn more about ordinary income
https://brainly.com/question/29672905
#SPJ4
Under the allowance method, companies estimate _____ uncollectible amounts and report those estimates in the _____ year.Multiple choice question.future; currentcurrent; futurefuture; futurecurrent; current
Answer: current and future
Under the allowance method, companies must estimate future, uncollectible amounts and report those estimates in the current year.
The missing words are Future and Current.
What is the Allowance Method?Under the Allowance Method, companies set aside a reserve that is estimated, for bad debts that are anticipated in the future.
This method is typical of the accrual basis of accounting and is the most accepted method for recording uncollected accounts for financial accounting purposes.
See the link below for more about the allowance method:
https://brainly.com/question/4636062
An investor owning 400 shares of stock receives notice that the stock will be split. When the split is complete, the customer owns 1,200 shares of stock. The split must have been
Answer:
800....................
explain the effect of climate change in the economy of nepal
Nepal suffers excessive monetary expenses because of modern weather variability and extremes: the envisioned direct cost of those influences is equal to 1.5–2% of modern GDP/year. This is excessive via way of means of global levels.
What is the climate of Nepal?The weather in Nepal varies from subtropical withinside the lowlands to chilly excessive-altitude weather withinside the mountains.
The country reports five unique seasons: summer, monsoon, autumn, iciness, and spring. During iciness, the Himalayas block the cold air, inflicting it to be pretty heat south of the Himalayas.
Therefore, Nepal suffers a huge economic loss due to the climatic conditions prevailing in the country.
Learn more about climate of Nepal:
https://brainly.com/question/12619431
#SPJ1