Which of the Following Attributes Accurately Describes the New Economy

question 75

Multiple Choice

Which of the following attributes accurately describes the new economy?

• A) The new economy is a global economy.
• B) The new economy is knowledge-driven.
• C) Only alternatives A and C describe attributes of the new economy.
• D) The new economy is performance-driven.
• E) All of these are attributes of the new economy.

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Definitions:

Demographics

The study of population statistics.

Population Statistics

The collection, analysis, and interpretation of data regarding the characteristics of population groups.

HR Trends

Emerging patterns and developments in the field of human resources that impact how organizations manage their workforce.

External Environment

All factors outside of an organization that can affect its performance, including economic, social, political, and technological influences.