Which of the Following Statements Regarding Factors of Change in the Organization

question 126

Multiple Choice

Which of the following statements regarding factors of change in the organization is accurate?

• A)Rapid developments in technology force a firm to change its technology to keep up.
• B)Manufacturing jobs have been outsourced,but knowledge-based jobs are largely safe from such movement.
• C)Though 50% of all small businesses fail,those that succeed often do not become large,complex organizations.
• D)Changes in market conditions or the economy may cause companies to be resistant to change.

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Definitions:

Operating Income

The profit realized from a company's everyday business operations, calculated by subtracting operating expenses from gross profit.

Year 1

Typically refers to the first year of operation or the initial year in a set period under review or analysis.

Unit Product Cost

The cost of producing one unit of a product, including direct materials, direct labor, and manufacturing overhead.

Absorption Costing

A costing approach that integrates both direct and indirect costs associated with manufacturing into the product's total cost.