The five key elements that make the current business environment different from those of the past include globalization, technological change, the importance of knowledge and ideas, collaboration across organizational boundaries, and an increasingly diverse labor force.

Answer the following statement true (T) or false (F)


True

Management is a challenge requiring constant adaptation to new circumstances. The five key elements that make the current business landscape different from those of the past are: globalization, technological change, the importance of knowledge and ideas, and collaboration across organizational boundaries, and an increasingly diverse labor force.

Business

You might also like to view...

Discuss whether silence can constitute fraud.

What will be an ideal response?

Business

Which document is NOT prepared by the sales department?

a. packing slip b. shipping notice c. bill of lading d. stock release

Business

If a follower challenges his leader to change an important work procedure, perhaps by using a new technology, this challenge would be viewed as ______.

a. disloyal b. inappropriate c. delegating up d. appropriate and good followership

Business

Which ethical decision-making approach foster decisions made on moral principles that infringe as little as possible on the entitlements of others?

a. Justice approach b. Utilitarian approach c. Rights approach d. Objectivity approach

Business