Asked by Cardian Williams on May 01, 2024

verifed

Verified

What are two environmental factors facing organizations?

A) global economy and demographics
B) organizational culture and employee assistance
C) human resource planning and training
D) labour relations and organizational culture

Global Economy

The global economy encompasses the interconnected economies of all the world's nations, representing the large-scale exchange of goods, services, and currencies across international borders.

Demographics

Statistical data relating to the population and particular groups within it, often used for market research, policy making, and social studies.

  • Identify how government policies and environmental conditions affect strategies in Human Resources management.
  • Grasp the impact of technological progress, workforce changes, and regulatory environments on the strategic approaches and HR methodologies of enterprises.
verifed

Verified Answer

RH
Rosalio HernandezMay 08, 2024
Final Answer :
A
Explanation :
The global economy and demographics are two environmental factors that organizations have to face regularly. The global economy affects the organization's ability to operate in the international market, while demographics influence workforce diversity, changing customer preferences, and potential market sizes.