The Type of Change Which Will Have Direct Impact on the Administrative

question 65

Multiple Choice

The type of change which will have direct impact on the administrative domain in an organization is called ____ change.

• A) technology
• B) product and service
• C) strategy and structure
• D) people

Explain the effects of time and rate of interest on the future value of investments.

Illustrate the relationship between present value and future value through graphical representation.

Understand and calculate inventory turnover in a manufacturing plant.

Analyze the financial implications of operational decisions on company profit.

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Definitions:

Macro Forecasting

Macro Forecasting involves projecting the overall economic conditions and trends, such as inflation rates, interest rates, and GDP growth, to inform investment decisions.

Investments

The allocation of resources, such as time, money, or effort, in the expectation of generating an income or profit.

Market Value

The current price at which an asset or company could be bought or sold in the market.

GDP

Gross Domestic Product, the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.