An MNC in a Developing Country Is Operating Amidst Severe

question 43

Multiple Choice

An MNC in a developing country is operating amidst severe space constraints, and the infrastructural conditions in the city are bad, causing a lot of lost man-hours. Anticipating rapid growth in the months to come, the company has created a recruitment plan based on its revenue expectations. However, it wants to manage this expansion without undertaking an expensive physical expansion. Which of the following could be a solution for the company?

• A) profit sharing
• B) groupshifting
• C) telecommuting
• D) gainsharing
• E) codetermining

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Definitions:

Stratification Systems

Refers to the hierarchical arrangement of individuals in a society based on socioeconomic factors like wealth, race, education, and power.

Marxist Perspective

A lens within sociology and political economics that focuses on the conflicts and inequalities within society, emphasizing class struggle and the role of economic power.

Social Inequality

Within a group or society, there are unequal prospects and compensations for distinct social positions or statuses.

Social Roles

The parts individuals play as members of a social group, which are accompanied by a set of expectations from the society regarding their behavior.