Microsoft,Intuit,and Yahoo Are Building New Facilities in Quincy,WA,a Town That

question 56

Multiple Choice

Microsoft,Intuit,and Yahoo are building new facilities in Quincy,WA,a town that previously had a population of 3,500.Along with these new neighbors,the residents of Quincy are also going to get more traffic lights,a strip mall,higher housing prices,and new jobs.This example best illustrates a(n) __________ change that will impact the people and businesses of Quincy.

• A)social
• B)regulatory
• C)competitive
• D)economic
• E)technological

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Definitions:

Technological Change

The innovation and adoption of new technologies that modify the way goods or services are produced, distributed, or consumed.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased connections among the world's economies, cultures, and populations.

Needs Assessment

A systematic process used to determine and address gaps between current conditions and desired conditions or wants, often used in project planning and employee development.

Chief Learning Officers

Executives responsible for overseeing an organization's learning and development strategy to align employee growth with business goals.