An Increase in the Use of Technology Has Caused

question 16

Multiple Choice

An increase in the use of technology has caused

• A)fewer costs to be susceptible to short-run control.
• B)companies to be more flexible in responding to changing short-term conditions.
• C)managers to be less concerned about capacity utilization because of the increased ability to produce in large quantities.
• D)a decline in the amount of fixed costs in an organization.

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Definitions:

Services

Constitutes intangible economic activities provided by businesses or individuals that result in customer satisfaction without producing a physical product.

Stereotype Threat

The fear that a stereotype might be true of oneself or that one will be judged by that stereotype.

Self-Efficacy

Beliefs about our ability to exercise control over events, especially our ability to be successful after failure, criticism, or other challenges.

Workplace

A location or context where individuals engage in professional or vocational activities, typically outside of the home.