For Fast-Moving Companies, What Can the Technological Environment Represent

question 11

Multiple Choice

For fast-moving companies, what can the technological environment represent?

• A) major threats
• B) a rich source of competitive advantage
• C) lower efficiency and effectiveness
• D) employee resistance to change

---

Definitions:

Defined Benefit Plans

A retirement plan where employee benefits are calculated using a formula that considers factors such as salary history and duration of employment.

Deferred Profit-sharing Plans

A type of retirement plan in which employees receive a share of the company's profits at a future date, typically upon retirement.

Contributory Benefits

Benefits, typically related to pension or insurance, that require contributions from both the employee and the employer.

Indirect Pay System

A compensation approach that includes non-wage benefits provided to employees, such as health insurance, retirement plans, and paid time off.