GMS 200 Study Guide - Midterm Guide: Frameshift Mutation, Availability Heuristic, Representativeness Heuristic

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Horatio Morgan

Document Summary

In a competitive global business landscape, the increasing demand for talented, knowledge workers is primarily due to the increasing use of low- cost production. True/false: the age gap in today"s workplaces is one the diversity issues that may create major challenges for managers. True/false: the recruitment and retention of talented workers is one of the major challenges faced by managers in a globally competitive economy. True/false: according to katz"s framework on essential managerial skills, low-level managers need to develop more conceptual skills than top-level managers. True/false: what are the key conditions that describe the general (business) environment, economic. Those that influence customer spending, resource supplies and investment capital. Overall health of the economy in terms of financial markets, inflation, income levels, gdp, unemployment and job outlook: legal-political. Represented by existing and proposed laws and regulations, government policies and philosophy and objectives of political parties. Sales tax regulation, internet censorship laws: technological. Developing technology in the world and becoming tech-savvy.