Managers' Options for Change Essentially Fall into What Three Categories

question 59

Multiple Choice

Managers' options for change essentially fall into what three categories?

• A) structure, technology, and people
• B) mission, environment, and process
• C) mission, structure, and people
• D) environment, technology, and mission

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Definitions:

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, driving specialization and trade benefits.

World Exporter

A term that describes a country, region, or entity that is a leading participant in international trade, specifically in exporting goods or services to other countries.

International Trade

The exchange of goods, services, and capital between countries and territories, playing a crucial role in the global economy by allowing for specialization and access to diverse products.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost than competitors.