Podcast
Questions and Answers
What are the challenges of working in the new economy?
What are the challenges of working in the new economy?
Talent, diversity, globalization, technology, ethics, and careers.
What are organizations like in the new workplace?
What are organizations like in the new workplace?
Organizations are collections of people working together to achieve a common purpose.
What is the critical skill for success in the new workplace? (Select all that apply)
What is the critical skill for success in the new workplace? (Select all that apply)
What is meant by 'workforce diversity'?
What is meant by 'workforce diversity'?
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Which of the following best describes globalization?
Which of the following best describes globalization?
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Technology does not affect the modern workplace.
Technology does not affect the modern workplace.
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What are ethical expectations for modern businesses?
What are ethical expectations for modern businesses?
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Study Notes
Challenges of Working in the New Economy
- Talent is essential for organizational success.
- Intellectual Capital reflects the knowledge and skills of a workforce.
- Knowledge Workers are critical as their skills contribute to intellectual capital.
- Diversity in the workplace includes differences in gender, age, race, ethnicity, religion, sexual orientation, and able-bodiedness.
- Globalization increases worldwide interdependence in resource flows, product markets, and business competition.
- Technology continues to transform the workplace through the internet, web, computer networking, information technology, telecommuting, virtual teams, and mobile offices.
- Ethics define standards of conduct and are essential for businesses.
- Careers in the new economy involve core workers, contract workers, and part-time workers.
The New Workplace
- Critical Skills for success include mastery, contacts, entrepreneurship, love of technology, marketing, and passion for renewal.
- Organizations are collections of people who work together for a common purpose.
- Organizations are open systems meaning they are composed of interrelated parts that function together to achieve a common purpose.
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Description
Explore the challenges and dynamics of the new economy in this quiz. Learn about the importance of talent, diversity, and technology in shaping modern workplaces. Understand the role of ethics and critical skills for success in today's organizational landscape.
