GMS 200 FINAL EXAM ACTUAL QUESTIONS AND
CORRECT ANSWERS
Talent High-performing organizations get extraordinary
results from their employees by properly utilizing
their skills.
Intellectual capital The combined brainpower and shared
knowledge of an organization's employees.
Knowledge worker A worker whose mind is a critical asset to
employers and requires ongoing development of
multiple skillsets.
, Technology We are currently in the fourth industrial age -
cloud computing, mobile internet, automation,
robotics, artificial intelligence.
Tech IQ A person's ability to use current technologies at
work and in personal life.
Globalization The worldwide interdependence of resource
flows, product markets, and business competition
that characterize our economy.
Job migration Occurs when firms shift jobs from one country to
another.
Reshoring The shifting of manufacturing and jobs back
home from overseas.
Ethics Code of moral principles that sets standards of
conduct of what is 'good' and 'right', as well as
'bad' and 'wrong'.
Corporate Governance The board of directors holds top management
responsible for organizational performance.
Diversity Workforce diversity reflects differences with
respect to gender, age, race, ethnicity, religion,
sexual orientation, and able-bodiedness.
Prejudice The display of negative, irrational opinions and
attitudes.
Discrimination Unfairly treating members of some groups.
CORRECT ANSWERS
Talent High-performing organizations get extraordinary
results from their employees by properly utilizing
their skills.
Intellectual capital The combined brainpower and shared
knowledge of an organization's employees.
Knowledge worker A worker whose mind is a critical asset to
employers and requires ongoing development of
multiple skillsets.
, Technology We are currently in the fourth industrial age -
cloud computing, mobile internet, automation,
robotics, artificial intelligence.
Tech IQ A person's ability to use current technologies at
work and in personal life.
Globalization The worldwide interdependence of resource
flows, product markets, and business competition
that characterize our economy.
Job migration Occurs when firms shift jobs from one country to
another.
Reshoring The shifting of manufacturing and jobs back
home from overseas.
Ethics Code of moral principles that sets standards of
conduct of what is 'good' and 'right', as well as
'bad' and 'wrong'.
Corporate Governance The board of directors holds top management
responsible for organizational performance.
Diversity Workforce diversity reflects differences with
respect to gender, age, race, ethnicity, religion,
sexual orientation, and able-bodiedness.
Prejudice The display of negative, irrational opinions and
attitudes.
Discrimination Unfairly treating members of some groups.
