Which Trend Has the Following Potential Business Impact? Companies Must

question 42

Multiple Choice

Which trend has the following potential business impact? Companies must take an active role in helping their employees balance their time at work with their family lives and need for leisure.

• A) The global economy is becoming more integrated
• B) Pace of technological innovation is increasing
• C) The economy and society are dominated by technology
• D) Time is becoming one of the world's most precious commodities

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Definitions:

Physician Fees

are the charges or payments required for medical services provided by a doctor or medical specialist.

Malpractice Insurance Premiums

Payments made to insure against claims of negligence or inadequacy by professionals, especially in the medical field.

Defensive Medicine

Practice by healthcare providers who order tests, procedures, or visits, or avoid certain high-risk patients or procedures, primarily to reduce litigation risk, rather than to further the patient's health.

Moral Hazard

A scenario in which an individual engages in risky behavior, knowing they won't have to fully deal with the outcomes of their actions.