The Short-Term Thinking and Constant Change That Characterizes Modern Capitalism

question 18

Multiple Choice

The short-term thinking and constant change that characterizes modern capitalism means that corporations and constantly expanding and contracting,making employees much more expendable (rather than highly valuable resources with whom deep relationships of loyalty and trust are built) .Which of the following terms best describes this new work arrangement's impact on workers and organizations?

• A)Ontological security
• B)Corrosion of character
• C)Vigorous capitalism
• D)Identity management

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Definitions:

Fair Value Hedge

A hedge of the exposure to changes in fair value of a recognized asset or liability or an identified portion of such an asset or liability that is attributable to a particular risk.

Cash Flow Hedge

A hedge of the exposure to variability in cash flows that is attributable to a particular risk associated with a recognized asset or liability, or a highly probable forecast transaction.

Exposure Hedge

A financial strategy utilized to minimize the risk associated with exposure to adverse movements in foreign exchange rates, interest rates, or commodity prices.

Debt Extinguishment

The process of discharging or settling a debt, either through repayment or through a financial restructuring agreement.