External forces for change in contemporary


1. External forces for change in contemporary organizations includes all of the following expect:

the global economy and local economic conditions

governmental laws and regulatioons

social forces

organizational culture

technological development and market trends

2. Stock options:

provide one time or lump sum payments to employees who meet specific perfomance targets

offer workers to purchase stocck in their employing companies whenever they chose to

do not lose value even if the stock price ends up lower

give the owner the right to buy shares of stock at a future date at a fixed rate

are nonmonetary forms of compensation

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Operation Management: External forces for change in contemporary
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