Podcast
Questions and Answers
What is the term for the collective knowledge that employees contribute to an organization?
What is the term for the collective knowledge that employees contribute to an organization?
- Financial Capital
- Intellectual Capital (correct)
- Human Resources
- Social Capital
Which of the following best describes the concept of globalization in the context of modern business?
Which of the following best describes the concept of globalization in the context of modern business?
- Growing interdependence of global resources, markets, and competition. (correct)
- Promoting isolation between international and national markets.
- Reducing the need for international trade and collaboration.
- Focusing solely on local markets and resources.
What effect does increasing diversity in the workplace have on employers?
What effect does increasing diversity in the workplace have on employers?
- It decreases the overall productivity and creativity within teams.
- It provides both opportunities and challenges, including issues such as discrimination and the glass ceiling. (correct)
- It only presents challenges by fostering miscommunication or conflict.
- It leads to a more homogeneous workforce.
What is the relationship between technology and the modern workplace?
What is the relationship between technology and the modern workplace?
What is a key characteristic of modern organizations?
What is a key characteristic of modern organizations?
Flashcards
Intellectual Capital
Intellectual Capital
The knowledge and skills that a worker brings to an organization.
Globalization
Globalization
The interconnectedness of nations and their resources, markets, and competition on a global scale.
Diversity
Diversity
The increasing presence of people from different backgrounds, cultures, and demographics in the workplace.
Technology
Technology
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Ethics
Ethics
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