GMS 200 Chapter 1 Questions and Correct Answers the Latest Update and Recommended Version
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Course
GMS 200
Institution
GMS 200
Globalization
→ National Boundaries of world business have largely disappeared
Technology
→ Increasing demand of workers with technology skills
Workforce Diversity
→ (Gender, race, ethnicity, religion, sexual orientation) offers challenges and
opportunities to employees
Talent
→ In...
→ Is when an organization's operations add value to the original costs of resource inputs
Productivity and the dimensions of organizational performance
→ *Review Diagrams PPT*
Organizational Environment
→ Actual organizations, groups, and persons with whom an organization interacts and
conducts business
Economic Enviornment
→ Economic Growth, unemployment rate, disposable income
Legal-Political Environment
→ laws and regulations, business forms, political trends
Natural Environment
→ "Green", recycling,
Socio-Cultural Enviornment
→ Population demographics, education systems, health values
Technological Environment
→ IT infrastructure, internet access
Stakeholders
1|Page| GradeA+ | 2 0 0 2 5
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