Global Competition Forces Firms to ________

question 57

Multiple Choice

Global competition forces firms to ________.

• A)become lean, fast, and flexible
• B)build up enormous cash reserves
• C)think locally
• D)become more hierarchical

Understand the differences between diversity management and employment equity.

Know the fundamental legal and ethical principles guiding employment equity and diversity management, including human rights legislation.

Understand the principles and legislation behind pay equity including the misconception that pay equity equates to equal pay for identical work.

Recognize the function and limitations of the Canadian Human Rights Commission (CHRC) within the context of human rights and discrimination complaints.

---

Definitions:

Predicting Happiness

The process of forecasting one's future emotional state of well-being and satisfaction based on certain variables or conditions.

Miserable

Feeling extremely unhappy or uncomfortable.

Set Point

The genetically influenced weight range for an individual; it is maintained by biological mechanisms that regulate food intake, fat reserves, and metabolism.

Genetically Influenced

Traits or characteristics that are shaped in part by an individual's genetic makeup.