1.3 Reading - Business

What are the three characteristics of the change facing businesses today?

• Slow pace, few changes, minimal impact

• Extremely fast pace, many changes at once, dramatic impact

• Moderate pace, gradual changes, significant impact

• Rapid pace, few changes, minimal impact

What is the largest component of the workforce projected to be in 2050?

• Workers under the age of 25

• Workers over the age of 55

• Workers between the ages of 25 and 54

• Workers between the ages of 18 and 24

What trend is observed in the percentage of women in the workforce over the last three decades of the twentieth century?

• Decreased significantly

• Remained the same

• Increased a great deal

• Decreased slightly

By what year is it projected that there will be 55 million job openings in the United States due to baby boomer retirements and newly created jobs?

• 2018

• 2020

• 2025

• 2030

What has Internet technology given rise to in the business environment?

• The need for more office space.

• The virtual employee.

• The decline of remote work.

• The increase in physical meetings.