Which of the Following Factors Makes It Imperative That Organizations

question 97

Multiple Choice

Which of the following factors makes it imperative that organizations be fast and flexible?

• A) advances in corporate strategy
• B) corporate excess
• C) globalization
• D) truncated capacity
• E) temporariness

Acknowledge the responsibility of various departments in affecting cost variances.

Comprehend different types of variances, including cost, sales, and volume variances.

Learn about the impact of skill levels and continuity in processes on labor and efficiency variances.

Identify the skills and qualities employers expect from graduates in entry-level positions.

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Definitions:

Loud Noise

Sounds that are of high amplitude, potentially harmful or disturbing to human hearing.

Parsimony

The principle that the simplest explanation of an event or observation is preferred over more complex explanations.

Anecdote

A short, amusing or interesting story about a real incident or person, often used to illustrate a point.

Psychic

Pertaining to phenomena or abilities claimed to be beyond the natural physical laws, such as extrasensory perception or telekinesis.