explain the importance of Sustainable growth given two examples
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Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainable development has continued to evolve as that of protecting the world’s resources while its true agenda is to control the world’s resources.
ex 1: Sustainable Growth Rate - SGR' A company's SGR is the product of its return on equity (ROE) and the percentage of its profits that is plowed back into the firm. SGR is calculated as: ROE x (1 - dividend-payout ratio), which is equal to the product of ROE and the retention ratio.
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1.Sustainable development is very important for our future generation.
2.To maintain the balance of the ecosystem it is very important to save the resources.
I hope helps you
2.To maintain the balance of the ecosystem it is very important to save the resources.
I hope helps you
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