Volten Inc

question 42

Multiple Choice

Volten Inc.is an apparel store.It has separate sections for casual wear,office wear,and party wear.It also has goods of different price ranges to suit people of various income levels.In this way,it caters to different sections of the society.,Volten Inc.is demonstrating positioning by _____.

• A)​product class
• B)product user
• C)competitor​
• D)​product user

Describe the phases of the change process in organizations.

Understand the role of learning in organizational change, including types and their significance.

Recognize the competencies required for HR professionals in leading organizational change.

Understand the use of feedback in evaluating the success of organizational change efforts.

---

Definitions:

Inflationary Wage

Wage increases that match or exceed the rate of inflation, aimed at maintaining or increasing purchasing power over time.

Frictionally Unemployed

Individuals temporarily unemployed while transitioning between jobs, often viewed as a natural part of the labor market.

Rate of Inflation

The rate of inflation is the annual percentage increase in the overall price level of goods and services in an economy over a period of time.

Unemployment Rate

The percentage reflecting those who are in the labor force and are not employed, yet are seeking employment.