The Term Darwinism Is Important Because It Indicates

question 26

Multiple Choice

The term Darwinism is important because it indicates

• A)the randomness of existing companies.
• B)that the surviving companies are the best in the absolute sense.
• C)the capability to transform as the external environment changes.
• D)the existence of a higher intelligence that promotes success.

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Definitions:

Competitiveness

The ability of a company, country, or individual to produce goods and services at a lower cost, higher quality, or more innovatively than competitors.

Labor Costs

The expenses incurred by an employer for their workforce, including salaries, benefits, and taxes.

HR Factors

Refer to the various elements such as recruitment, selection, training, compensation, and employee relations that influence the functioning and success of the Human Resource department.