________ Means Developing an Organization's Skills and Capacities So That

question 49

Multiple Choice

________ means developing an organization's skills and capacities so that the organization can discover and take advantage of new products and processes.

• A) Efficiency
• B) Innovation
• C) Organizational theory
• D) Control

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Definitions:

Partnership

A business structure where two or more individuals share ownership, profits, liabilities, and decision-making processes.

Ownership

Ownership denotes the legal rights to possess, use, control, benefit from, and dispose of an asset or property.

Partnership

An officially permitted business engagement where various individuals participate in oversight and income sharing.

Dissolution

The process of legally dissolving a company or partnership, ending its existence by winding up affairs, liquidating assets, and distributing the remaining assets or debts to shareholders or partners.