Global Competition, Accelerated Product Development by Competitors, and Increased Demands

question 74

Multiple Choice

Global competition, accelerated product development by competitors, and increased demands by customers for better service have encouraged organizations to become more ________.

• A) technologically pure
• B) task oriented
• C) mechanistic
• D) organic

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Definitions:

Generational Cohort

A group of individuals born in the same period, who share similar cultural experiences, attitudes, and values.

Retirement Plans

Financial strategies and savings products aimed at providing individuals with income during their retirement years.

Generation Y

Also known as Millennials, the demographic cohort following Generation X, typically born between the early 1980s and the mid-1990s to early 2000s.

Automobile Design

The art and science of designing the visual appearance and functionality of vehicles, including their structure, layout, and features.