George is the CEO of Fallon Inc, a multinational corporation operating in several European and Asian countries. In the past few years George has noticed several demographic, economic and legislative trends, all of which have the potential of impactinghis company’s bottom line profits. George has decided not to react to these tredns and to leave his current policies in place. What challenges/consequences might George face by ignoring these trends.
What will be an ideal response?
Possible key points to be mentioned: intergroup conflicts among employees; limited access to potentially talented employees; vulnerable to expensive lawsuits or government sanctions; inability to communicate to all employees in a language they understand (this could affect safety, policy compliance, etc).
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When a worker quits from a steel company and joins an automobile firm, what factor of mobility does this come under?
a. movement of factors of production between firms within an industry b. movement of factors of production across industries c. movement of factors of production between countries within an industry d. movement of factors of production between countries across industries
The “equity norm” suggests that those who contribute more to an organization should receive:
A) More rewards than their colleagues B) Less rewards than their colleagues C) Same rewards as their colleagues D) Equitable relief
_________ and ____________ are the main reasons group interaction leads to less creativity than when individuals work alone.
a. Cognitive interference; social inhibition. b. Extrinsic rewards; evaluation apprehension. c. Social interference; internal paradigms. d. Cognitive interference; evaluation apprehension.
Of the 1000 largest industrial companies in the United States, _______________ expect their growth abroad to exceed their domestic growth in the next five years
a. 500 b. 700 c. 250 d. 750