MHR 523 Chapter 1: MHR 523 Chapter 1 Test Bank
10 Jun 2013
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Document Summary
True false: people are the common element in all social organizations. True false: some of the challenges that canadian businesses currently face are legal, economic and demographic in nature. True false: canada is becoming an important global player in high tech and non-traditional exports. True false: capitalist economies go through growth and boom cycles. True false: to attract and involve highly skilled, innovative employees, reactionary hr practices have to be adopted. True false: today canadian business faces three critical economic challenges: global trade, productivity improvement and survival during a recessionary cycle. True false: in the first decade of the twenty-first century the three critical economic challenges facing canadian business are global trade, automation and technological advancements. True false: productivity refers to the ratio of an organization"s outputs to its inputs. True false: the ratio of an organization"s inputs to its outputs is referred to as its productivity.
