Which of the Following Is the Major Challenge to Managers

question 4

Multiple Choice

Which of the following is the major challenge to managers in a fully networked organization?

• A) eliminating the need for paper communication by relying entirely on e-mail, file transfers and the like
• B) retaining team members who can easily move to another employer when demand for their services changes
• C) managing contract and temporary workers
• D) maintaining a "virtual office" through the use of computers, interoffice networks and the Internet
• E) managing people who work together but are geographically separated

---

Definitions:

Home-Country Standards

The regulatory and legal requirements or cultural norms from an individual's or corporation's country of origin that influence their operations abroad.

Host-Country Standards

The regulations, customs, and practices that prevail in the country where a multinational company operates, as opposed to its home country standards.

Classical Economic Model

A theory or approach in economics that emphasizes free markets, the role of competition, and the minimal involvement of government in the economy.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economies and the invisible hand principle.