Comprehensive,multiple-Step Approaches to Systems Development That Will Guide Your Work

question 31

Multiple Choice

Comprehensive,multiple-step approaches to systems development that will guide your work and influence the quality of your final product defines:

• A)techniques
• B)tools
• C)methodologies
• D)data flows

Recognize various management theories, including scientific management, administrative principles, and behavioral approaches, and their application in organizational settings.

Understand the importance of clear communication channels and the principle of the scalar chain in organizations.

Appreciate the significance of worker participation, employee ownership, and shared management principles for enhancing organizational commitment and productivity.

Acknowledge the impact of clear work division, job specialization, and merit-based promotion in bureaucracy.

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Definitions:

Combined Margin

A metric that combines multiple types of profit margins (such as gross, operating, or net margin) to assess overall performance.

Contribution Margin Ratio

The percentage of sales revenue remaining after variable costs are deducted, indicating how much contributes to fixed costs and profit.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent, salaries, and insurance.

Sales

The total amount received from selling goods or services over a given period.