The short-term thinking and constant change that characterizes modern capitalism means that corporations are constantly expanding and contracting, making employees much more expendable (rather than highly valuable resources with whom deep relationships of loyalty and trust are built). Which of the following terms best describes this new work arrangement's impact on workers and organizations?
A) ontological security
B) corrosion of character
C) vigorous capitalism
D) identity management

Question

Quizplus · Accepted Answer

The term "corrosion of character" best describes the impact of the new work arrangement on workers and organizations where employees are seen as expendable resources and deep relationships of loyalty and trust are no longer built. This term suggests that the constant change and short-term thinking of modern capitalism is eroding traditional values and virtues that contribute to a strong sense of self and identity.

The Short-Term Thinking and Constant Change That Characterizes Modern Capitalism