The Opportunity to Alter Production Technology Gives Managers

question 74

Multiple Choice

The opportunity to alter production technology gives managers:

• A)the flexibility to adapt to changing situations.
• B)increased cash flow from operations.
• C)the opportunity to expand production.
• D)the ability to expand product lines.

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Definitions:

Individualistic Culture

A culture that emphasizes personal achievements and individual rights over collective goals and community well-being.

Organizational Metaphors

Conceptual frameworks that provide insight into the functioning of organizations by likening them to other entities or phenomena.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its behavior.

Hindrance

An obstacle or barrier that impedes progress or achievement.