New and Improved Technologies Rapidly Create and Support Substitutes for Products

question 129

Multiple Choice

New and improved technologies rapidly create and support substitutes for products, alternative service options, and superb quality. This is an example of ________ pressures.

• A)economic
• B)market
• C)social
• D)technology

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Definitions:

HR Managers

Professionals responsible for overseeing the human resources department, focusing on policies, strategies, and employee welfare within an organization.

Country Cultures

The shared values, norms, traditions, and practices that characterize the social behavior of people within a specific country, influencing their perceptions and interactions.

Performance Management

A process by which organizations set goals, ensure these are met, and improve the efficiency and effectiveness of its employees.

China

A country in East Asia, the world's most populous nation, with a rich history, diverse culture, and significant economic and political influence globally.