The Multiplier Effect is term is used in economics to describe the chain effect of benefits for each dollar spent. For example, a purchase in a retail store directly benefits a long line of people, from the business owner back to primary producers. It also indirectly benefits other businesses, people and their communities as profit gained is spent and money circulates.
About Ann Rolfe
- Ann Rolfe
- Ann Rolfe is internationally recognised as Australia's leading specialist in mentoring, and is available for speaking, training and consulting. Here Ann shares her knowledge and allows you to ask your most pressing questions about mentoring.
Sunday, October 21, 2012
Mentoring - The Multiplier Effect
The Multiplier Effect is term is used in economics to describe the chain effect of benefits for each dollar spent. For example, a purchase in a retail store directly benefits a long line of people, from the business owner back to primary producers. It also indirectly benefits other businesses, people and their communities as profit gained is spent and money circulates.
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