The Short-Term Thinking and Constant Change That Characterizes Modern Capitalism

question 16

Multiple Choice

The short-term thinking and constant change that characterizes modern capitalism means that corporations are constantly expanding and contracting, making employees much more expendable (rather than highly valuable resources with whom deep relationships of loyalty and trust are built) . Which of the following terms best describes this new work arrangement's impact on workers and organizations?

• A) ontological security
• B) corrosion of character
• C) vigorous capitalism
• D) identity management

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Definitions:

American Economy

The economic system of the United States, characterized by a mixture of private and public enterprises, and noted for its innovation, diversity, and significant GDP.

Nixon Administration

The executive branch of the U.S. government led by President Richard Nixon from 1969 to 1974, marked by significant events such as the Vietnam War and the Watergate scandal.

Occupational Safety And Health Administration

A federal agency of the United States that regulates workplace safety and health to prevent work-related injuries, illnesses, and deaths.