The Globalization of Business and Changing Demographic Trends Present Organizations

question 8

Multiple Choice

The globalization of business and changing demographic trends present organizations with a culturally diverse workforce, creating the challenge:

• A)to prepare women to contribute in organizations.
• B)to hire workers exclusively from one country.
• C)to harness the wealth of differences provided by cultural diversity.
• D)to take a more activist position regarding employee rights.

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Definitions:

Environmental Protection Agency

A U.S. federal agency responsible for creating and enforcing regulations to protect the environment and public health from pollution and hazardous substances.

Clean Air

The condition of the atmosphere when it is free from pollutants, contaminants, and other harmful substances.

Network Externality

The effect that an additional user of a good or service has on the value of that product to others, often increasing the utility as more people use it.

Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price.