12 Questions
What is a consequence of the increasing dependence of nations on each other due to globalisation?
Tensions between a country's local and global priorities
Why is it important for businesses to consider the wellbeing and interests of their own people while pursuing global goals?
To ensure support from the local population
What does the changing demographics megatrend refer to?
Shifts in population structure
Why might businesses prefer to hire younger workers over more experienced elder staff?
Lower salary demands
What is the Silver Tsunami phenomenon?
Aging workforce in certain countries
What challenge arises due to the life cycle changes in the workforce described in the text?
Difficulty managing younger staff as superiors
What best describes a mega trend?
A major trend that impacts a wide range of activities and lasts for decades
What is the primary characteristic of a trend?
An emerging pattern of change that requires a response
How are mega trends different from trends?
Mega trends impact everyone globally, while trends affect specific groups
What is the global market place mega trend characterized by?
A shrinking gap between mature and rapid-growth countries
How does the phenomenon of 'local re-regionalisation' impact the new tier of nations?
Stimulates economic growth through domestic demand
What is exemplified by the 'war for talents' mentioned in the text?
Competition for skilled individuals in the workforce
Test your knowledge on workforce expansion, employability, education levels, and globalisation's impact on nations' interdependence. Explore questions related to the workforce and global economic connections.
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