The Change from a Local to a Global Marketplace Is

question 53

Multiple Choice

The change from a local to a global marketplace is:

• A) irrelevant to today's business environment.
• B) irreversible.
• C) not necessary to remain competitive.
• D) slowing down.
• E) no different than it has been over the last three decades.

Analyze the impact of demographic trends on HR supply planning and the importance of long-term succession planning.

Grasp the reasons organizations have succession management programs and their expected outcomes.

Acknowledge the significance of leadership development activities as rated by HR managers.

Understand the concept of replacement planning and its role in HR planning.

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Definitions:

Cross-Cultural Interactions

refer to the engagements and relationships between individuals from different cultural backgrounds, which can encompass communication styles, values, and behavioral expectations.

Sexual Identity

An individual's understanding and personal sense of their own sexuality, including the recognition and labeling of their sexual orientation.

Gender

Refers to the socially constructed roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

HEXACO Model

A personality framework that consists of six dimensions: Honesty-Humility, Emotionality, eXtraversion, Agreeableness, Conscientiousness, and Openness to Experience, used to describe human personality traits.