Experts Have Theorized That Three Basic Changes Are Needed in Today's

question 58

Multiple Choice

Experts have theorized that three basic changes are needed in today's organizations.Which of the following is NOT one of those changes?

• A) A move away from a short term to a long term perspective.
• B) A move away from a focus on ends rather than means.
• C) A move away from an emphasis on the individual over the community.
• D) A move away from consensus decision making over individual decision making.

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Definitions:

Original Cost

The initial monetary value of an asset or item when it was first acquired by a company or individual.

Cash

Money in the form of coins or notes, as opposed to checks, credit, or other forms of payment.

Loss

The negative financial result from a business’s operations or transactions when costs and expenses exceed revenues.

Net Income

The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue, indicating the profit earned by a company.