The General Electric Model Uses the External Element of _________

question 53

Multiple Choice

The General Electric model uses the external element of _________ and the internal element of __________.

• A) market risk, business flexibility
• B) market flexibility, business risk
• C) market strength, business attractiveness
• D) market attractiveness, business strength

Recognize the relevance of economic and demographic factors in environmental scanning and labor market analysis.

Comprehend the principles of value creation within an organization and the differentiation between products and services.

Understand the dynamics of workforce planning and the role of staffing tables, attrition, and layoffs in organizational management.

Appreciate the complexity of decision-making in human resources and the implications of relying on seniority, performance, and other criteria in organizational policies.

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Definitions:

Debt Trading Securities

Financial instruments that involve debt and are actively bought and sold on markets with the aim to profit from price movements.

Net Income

The total profit of a company after all revenues, costs, and expenses have been deducted, also known as net earnings.

Unrealized Holding Loss

An unrealized holding loss occurs when an investment's value decreases, but the investment has not yet been sold by the holder.

Debt Trading Security

A financial instrument representing a debt that can be bought or sold in the securities market.