Which Trend Has the Following Potential Business Impact? Demand for Personnel

question 32

Multiple Choice

Which trend has the following potential business impact? Demand for personnel in distant countries will increase the need for foreign language training, employee incentives suited to other cultures, and many other aspects of performing business globally.

• A) The global economy is becoming more integrated
• B) Pace of technological innovation is increasing
• C) The growth in information industries is creating a knowledge-dependent global society
• D) The economy and society are dominated by technology

---

Definitions:

Manufacturing Overhead

All indirect costs associated with manufacturing a product, such as the expenses for equipment maintenance and factory staff salaries, not directly tied to production volume.

Selling Price

The selling price of goods or services to the consumer.

Variable Manufacturing Overhead

Variable manufacturing overhead comprises costs that fluctuate with production volume, such as utilities and materials used in the production process.

Fixed Manufacturing Overhead

Costs associated with production that do not vary with the level of output, such as salaries of production managers and depreciation of equipment.