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Refer to the Scenario Below to Answer the Questions That

question 106

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
New Ideas (Scenario)
Though New Ideas Inc.has been in business for 30 years,the company and its employees have seemingly been in a constant state of change.Paul Gill has been president of New Ideas for the last 15 years.During this time,he has had to change the strategic focus of the company three times.The employees have become vocal recently about the decrease in their bonus cheques and are demanding increased profits.It seems as though his competition is always introducing new products into the market,and the niches Gill thought New Ideas held leadership in are continuously changing.Recently the government has passed new legislation to increase the control of the product packaging and product contents.The technology used to manufacture the products is constantly improving to make the process more efficient.
-The employees' complaints about their reduced bonus cheques is an example of a(n) ________ force for change.

Definitions:

Income

Money received, especially on a regular basis, for work or through investments.

GDP

Gross Domestic Product is an indicator of a country's economic health, signifying the aggregate value of all goods and services made within a certain timeframe.

Income

The amount of money received by an individual or entity, typically through work, investments, or other sources over a certain period.

Saving

The portion of income not spent on current consumption, but rather set aside for future use, often by depositing in financial institutions or investing.