A Dynamic Business Environment Changes the Way People and Organisations

question 19

Multiple Choice

A dynamic business environment changes the way people and organisations work and consequently this influences selection techniques.To reflect these changes organisations need to:

• A) reflect the increasing popularity of work teams
• B) reflect specific technical capabilities and key work-related criteria
• C) link qualities with adaptive performance such cognitive flexibility, proactive personality and a learning orientation
• D) all of the above

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in a linear fashion.

Asset Impairments

The reduction in the recoverable value of a fixed asset or goodwill below its book value, reflected in the financial statements as an expense.

Future Cash Flows

Estimated amounts of money expected to be received or paid out by an entity in the future as a result of financial transactions or business operations.