Organizational Skills and Global Trends Quiz
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Questions and Answers

What term describes the knowledge and skills a worker contributes to an organization?

  • Organizational assets
  • Social capital
  • Human resources
  • Intellectual capital (correct)

Which of the following best represents the concept of globalization?

  • A decline in cross border transactions
  • The reduction of international competition through economic sanctions
  • Increased national trade barriers to protect local markets
  • The interconnectedness of global resources, markets, and competition (correct)

Which emerging trend presents challenges as well as advantages to organizations?

  • Rigid hierarchical structures
  • Increased traditional communication methods
  • Workforce homogeneity
  • Workforce diversity (correct)

What is a common feature of the modern workplace due to technological advancements?

<p>Higher demand for workers with technology skills (B)</p> Signup and view all the answers

What is the primary purpose of organizations according to the text?

<p>To provide useful goods or services, returning value to society (B)</p> Signup and view all the answers

Flashcards

Intellectual Capital

The knowledge, skills, and experience that a worker brings to an organization.

Globalization

The interconnectedness of economies worldwide, involving the exchange of resources, goods, and services.

Diversity

A workforce composed of individuals from diverse backgrounds, including race, ethnicity, gender, religion, and ability.

Technology

The constant evolution of workplaces due to advancements in computers, internet, and mobile devices.

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Ethics

A set of principles that guide morally correct behavior in a business context, emphasizing ethical conduct and social responsibility.

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