Exam 3: The Changing Environment of Management: Diversity, Global Economy, and Technology

Harold's Florists, Inc. Harold's Florists, a fast growing company in the floral industry, recently hired Stan as its new CEO. Stan is a progressive manager who is keen on obtaining information about the changing environment and incorporating these changes to help position the company for the twenty-first century. -Refer to Harold's Florists, Inc. Stan is worried that hiring older workers would reduce productivity in his company. What fact would you mention to him to regarding his concerns?

Which of the following is not a dimension of the social environment?

The United States is becoming even more racially, ethnically, and culturally diverse.

Describe your understanding of Managing Diversity, who within an organization is impacted by this process, and who benefits? Describe at least five examples of diversity programs that are having a positive impact on today's workplace.

Cascade Engineering Inc. in Grand Rapids, Michigan used a _________________ program to reduce their employee turnover rate from 42 percent in 2000 to less than 2 percent in by 2009.

Given the boom in information technology and convenient accessibility, information is no longer considered a strategic resource.

Which of the following is not a viable political strategy?

Pascal works in the research and development department of an automobile manufacturer. His manager asked him to help design a new hydrogen-powered car. Pascal will be in charge of drawing up the final blueprints. Which stage of the innovation process does this involve?

____ is the study of how scarce resources are used to create wealth and how that wealth is distributed.

Discuss the demographics of the New Workforce.

___________________ is a key ingredient to getting a high-paying job.

Lobbying is management's least successful political strategy.

Full-time employees are more costly to employ than part-timers.

Recessions are a normal and expected part of the business cycle.

The service economy is expected to generate 14.5 million jobs between 2008 and 2018.

Which one of these applies to politics?

The median age of U.S. employees is ____, with most vigorous growth for the ____ age group.

Which shift does Jack McDevitt, a sociologist, call for in managing diversity?

Technology is defined as the tools and ideas available for extending the natural physical and mental reach of humankind.

Advocacy advertising is a form of indirect lobbying.