Changes in the Technological Environment Could Be Rejected by the Cultural

question 333

True/False

Changes in the technological environment could be rejected by the cultural and social environment-through the political and legal environments-even though such changes might help the economic environment.

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Definitions:

Pay Hikes

An increase in salary or wages, often awarded to employees based on performance, market adjustments, or cost of living increases.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced.

Old Career Paradigm

refers to the traditional model of careers where individuals often stayed in one job or company for the majority of their working lives, emphasizing job security and linear career progression.

One-Employer Focus

A workforce strategy or mindset where employees dedicate their career development and loyalty primarily to a single employer.