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ch. 1 finance

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ch. 1 finance
Chapter 1:
THE DYNAMIC NEW WORKPLACE

Multiple Choice Questions

1. The dynamic new workplace of the 21st century is characterized by:
1. A highly competitive global economy, driven by innovation and technology, that has created both unparalleled opportunities and unprecedented uncertainties.

2. Smart people and smart organizations creating their own futures.
3. Companies with a future sharing an important commitment to people
4. All of the above.
5. None of the above.

2. The best employers share all of the following characteristics EXCEPT:

6. They have high performance expectations.
7. They provide employees with both valued rewards and respect for work-life balance.
8. They are extremely good at attracting and retaining talented employees.
9. They excel at fully utilizing employees’ talents and valuing their contributions.
10. They excel at exploiting the natural environment.

3. __________ are successful because they are better than their competitors at gaining extraordinary results from the people working for them.

11. American companies.
12. Japanese companies.
13. High technology companies.
14. High performing companies.
15. Companies that embrace diversity.

4. __________ introduces you to the concepts, themes, and directions that are consistent with career success and organizational leadership in today’s high performance work settings.

16. The study of workforce diversity.
17. The study of management.
18. The study of the global economy.
19. The study of decision making.
20. The study of great leaders.

5. The study of __________ should enable you to learn as much as possible to prepare for a career-long commitment to getting great things accomplished through working with people

21. Management.
22. The global economy.
23. Decision making.
24. Great leaders.
25. Information technology.

6. Which statement does NOT accurately characterize the nature of the new economy?

26. It is

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