The 1970s Saw the Beginnings of Three Significant Trends That

question 27

Multiple Choice

The 1970s saw the beginnings of three significant trends that would forever change the face of business: macroeconomic turmoil, the technology revolution, and

• A) the  green revolution.
• B) agricultural disasters.
• C) international competition.
• D) diversification.
• E) mechanization.

Know about transaction processing and its relevance to government reporting requirements in HR.

Analyze the impact of compensation linked to performance measures on organization's performance.

Understanding the role of HR in decisions about organizational structure.

Recognize the necessity of aligning training focus with organizational learning objectives.

---

Definitions:

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales, indicating the potential for higher returns or risks.

Sales Decrease

A reduction in the quantity or value of items sold by a business within a particular period.

Financial Break-Even

Financial break-even is the point at which total revenues exactly cover total costs, leaving the business with neither profit nor loss, focusing on financial stability.

Initial Investment

The amount of money used to start a project, purchase an asset, or invest in a financial instrument, marking the beginning of the investment’s lifecycle.