Asked by Darby Fischer on May 14, 2024
Verified
The recent shift in employment from extractive industries to service industries has increased the need for innovative thinking within organizations.
Service Industries
Sectors of the economy that provide intangible goods or services to consumers, such as healthcare, banking, and education.
Extractive Industries
Industries, such as mining, oil drilling, and logging, that remove natural resources from the earth, often with significant environmental impact.
- Recognize the shift in employment sectors and its impact on innovation within organizations.
Verified Answer
SA
Siegel AllenMay 16, 2024
Final Answer :
True
Explanation :
Service industries typically require more creativity and innovation in order to provide unique and valuable experiences for customers, compared to extractive industries which primarily focus on extracting and processing natural resources.
Learning Objectives
- Recognize the shift in employment sectors and its impact on innovation within organizations.
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