The Gradual Shift from Treating Employees as a Replaceable Part

question 75

Multiple Choice

The gradual shift from treating employees as a replaceable part to embracing them as a valuable resource was primarily brought about by the trend toward

• A)globalization.
• B)quality management.
• C)scientific management.
• D)customization.

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Definitions:

Entrepreneurship

The process of designing, launching, and managing a new business venture, typically characterized by innovation, risk-taking, and the pursuit of profit.

Tolerance for Ambiguity

The capacity to remain comfortable and composed in situations that are unclear, uncertain, or have unpredictable outcomes.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise, often innovating and driving economic growth.

Independent Contractor/Consultant

A person or entity engaged by a company to perform specific tasks or provide expert advice, typically not considered an employee of the company.