The Elements of the Macro-Environment Do NOT Include

question 31

Multiple Choice

The elements of the macro-environment do NOT include:

• A)fashion and brand-image trends
• B)legal and political trends
• C)demographic and sociocultural trends
• D)economic and technological trends

Understand the concept of justice (interactional, procedural, informational, and distributive) in organizational contexts.

Recognize strategies for workforce adjustment including downsizing, layoffs, and employing contingent workers.

Acknowledge the effects of different human resource strategies on employee morale and job satisfaction.

Identify effective disciplinary programs within organizations.

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Definitions:

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down into operating, investing, and financing activities.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus equity.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest in the company.

Liabilities

Economic responsibilities or liabilities a corporation must repay to creditors, involving the transfer of economic advantages over time.