Which Trend Has the Following Potential Business Impact? Companies Must

question 42

Multiple Choice

Which trend has the following potential business impact? Companies must take an active role in helping their employees balance their time at work with their family lives and need for leisure.

• A) The global economy is becoming more integrated
• B) Pace of technological innovation is increasing
• C) The economy and society are dominated by technology
• D) Time is becoming one of the world's most precious commodities

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Definitions:

Future Favors

A practice commonly seen in developing countries based upon mutual obligation and resulting in the exchange of favors over years and even generations; also used in some industrialized countries such as Japan and South Korea.

Inner Circle

A clique of trusted family members, tribal members, or friends (depending on the culture) who are at the center of power or influence.

Ethical Standards

Principles that govern the behavior of individuals and organizations, determining what is right and wrong.

Community Enforcer

An individual or group that ensures adherence to community norms and rules.