The Global Economy Is Becoming More Integrated

question 50

Multiple Choice

The global economy is becoming more integrated.The potential business impacts of this include:

• A) Entry-level and unskilled positions are requiring a growing level of education
• B) Information flows from front-office workers to higher management for analysis.Thus,in the future,fewer mid-level managers are going to be needed,a trend that is set to flatten the corporate pyramid
• C) Downsizing,restructuring,reorganisation,outsourcing and layoffs are going to continue as typical large organisations struggle to reinvent and restructure themselves for greater flexibility
• D) All of the answers are correct

Comprehend the various needs individuals seek to fulfill through group membership.

Define leadership and distinguish it from management and power.

Understand the importance and distinction between reliability and validity in research.

Recognize methods to calculate and estimate reliability in research.

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Definitions:

Agreeableness

A personality dimension describing someone who is cooperative, empathetic, and friendly.

Conscientiousness

One of the Big Five personality traits, characterized by being systematic, well-organized, careful, and responsible.

Neuroticism

A characteristic of personality marked by fluctuations in mood, feelings of nervousness, and inconsistent emotions.

Extraversion

A personality dimension describing individuals who are sociable, energetic, and often seek stimulation and the company of others.