
Concept explainers
To discuss: Whether the population of the world is 7 billion at present.
Introduction:
Human resource management is the method of hiring, recruiting, organizing, controlling, and managing the employees in a company.

Explanation of Solution
No, the population of the world is not 7 billion at present. The present population of the world is 7.7 billion, which was a result of gradual increase over years. This remarkable change took place at the time of industrial revolution. Only after the industrial revolution, the population kept on increasing.
At present (2018), the population is growing at a rate of 1.09%. The estimated average population is 83 million for a year. The expected population growth rate for the future years will be less than the present growth rate.
Want to see more full solutions like this?
Chapter 19 Solutions
International Business: Competing in the Global Marketplace
- Financial accounting questionarrow_forward7. What is a par value of a bond?* The amount borrowed by the issuer of the bond and returned to the investors when the bond matures The overall return earned by the bond investor when the bond matures The difference between the amount borrowed by the issuer of bond and the amount returned to investors at maturity The size of the coupon investors receive on an annual basisarrow_forwardCan you solve this financial accounting question with the appropriate financial analysis techniques?arrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningManagement, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage LearningMarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing



