The Trend to a Greater Number of Working Hours Is

question 50

Multiple Choice

The trend to a greater number of working hours is common across the globe.In consequence,this high-pressure environment is increasing the need for any product or service that saves time or simplifies life.What are the potential business impacts of this trend to a greater number of working hours?

• A)Companies must take an active role in helping their employees balance their time at work with their family lives and need for leisure
• B)The stress-related problems that affect employee morale and health are going to continue to increase
• C)As time for shopping continues to evaporate, internet and mail-order marketers are set to have a growing advantage over traditional shops
• D)All of the answers are correct

Grasp the conceptual and practical aspects of team interventions in organizational development.

Understand the significance of maintaining a sustainable career advantage in a shifting economic and business environment.

Identify the role of strategic competitiveness and continuous innovation for organizational survival and success.

Recognize the importance of career portfolios in documenting academic, personal, and professional achievements.

---

Definitions:

Highly Elastic

Describes a market situation where demand or supply of a good or service is very sensitive to changes in price.

Excise Tax

A tax imposed on the sale of specific goods and services, such as fuel, tobacco, and alcohol.

Burden

The negative impact, stress, or obligation imposed by a situation, decision, or policy.

Efficiency Loss

The decrease in economic efficiency resulting from the inability to reach or achieve the equilibrium for a product or service.