A _____ Change to an Organization's Business Model Without Changes

question 3

Multiple Choice

A _____ change to an organization's business model without changes to its product or service outputs is what type of change.

• A) Technology
• B) Product
• C) Entrepreneurship
• D) Creative
• E) Incremental

---

Definitions:

Alarm System

A device or series of devices designed to alert individuals of potential danger, such as break-ins or fires, enhancing security and safety.

Expected Cost

The anticipated expense associated with an action or decision, often incorporating probabilities of various outcomes.

Profit Sharing

A company policy of distributing a portion of its profits among its employees, often as a form of incentive or reward.

Marginal Cost Function

A mathematical representation that shows how the cost of producing one additional unit of output varies as production changes.