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GMS 200 Chapter 1 Questions and Correct Answers the Latest Update and Recommended Version $10.49   Add to cart

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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...

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  • October 19, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS 200
  • GMS 200
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2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


GMS 200 Chapter 1 Questions and
Correct Answers the Latest Update and
Recommended Version
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


→ Intellectual capital is the collective brainpower of a workforce that can be used to
create value


Careers

→ People must make sure that their skills are portable and current


Ethics

→ Code of moral principles of conduct about what is good and right


What is an Organization?


→ People Working Together to achieve a common goal *Review Diagram PPT*



1|Page| GradeA+ | 2 0 0 2 5

, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

Value Creation

→ 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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