SCENARIO 2-1 You Have Recently Hired a 55-Year-Old Employee Who

question 54

Multiple Choice

SCENARIO 2-1 You have recently hired a 55-year-old employee who has always successfully worked for large firms.Your company is a small, closely-knit organization with many young people who do not have as much work experience as this newcomer.You have prided yourself on being flexible with your employees and being open to some of their needs.They requested an informal dress code for Fridays and you adopted this policy four months ago.
You may discover your younger employees believe the older employee to be rigid and intolerant of various behaviours and values.This is due to their

• A)expectations.
• B)motives.
• C)targets.
• D)situations.
• E)interests.

---

Definitions:

Entrepreneur's Talent

The unique set of skills, creativity, and vision that an entrepreneur brings to identifying and exploiting new business opportunities.

3-D Printers

Machines that create three-dimensional objects by layering material according to digital models, used in manufacturing, medicine, and more.

Real Output

The total value of goods and services produced by an economy, adjusted for inflation, reflecting the actual physical volume of production.

Diminishing Marginal Returns

A principle stating that as more of a variable input is added to a fixed input, the additional output produced from each new unit of input eventually decreases.