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Unless Companies and Managers Take the Time to Understand the Different

question 27

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Unless companies and managers take the time to understand the different work and value systems of different generations of workers,multigenerational teams will work under frustrating conditions.Values that should be considered when composing a team of different generational members include the importance of family,team versus individual orientation,achievement orientation and:


Definitions:

Machinery

A category of physical hardware used in the production process, including tools, engines, and devices that perform various tasks.

Sweaters

Knitted garments intended to cover the torso and arms, providing warmth and fashioned from materials like wool, cotton, or synthetic fibers.

Comparative Advantage

The ability of a country, company, or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient trade and production.

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.

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