The Adoption of an Idea or Behavior That Is New

question 54

Multiple Choice

The adoption of an idea or behavior that is new to the organization's industry, market, or general environment is referred to as:

• A) the ambidextrous approach.
• B) the dual-core approach.
• C) strategy and structure change.
• D) organizational innovation.

---

Definitions:

First-In, First-Out

An inventory valuation method where the costs of the earliest goods purchased are the first to be recognized in determining cost of goods sold.

Equivalent Units

A concept used in cost accounting to convert partially completed goods into a number of fully completed units for inventory and cost calculations.

Yield Measures

Refer to the various ways to calculate the return on an investment, often considering interest or dividends received.

Materials Output

The quantity of materials produced or used in the production process within a specific period.