Because of the Globalization of Business, Organizations Will MOST LIKELY

question 24

Multiple Choice

Because of the globalization of business, organizations will MOST LIKELY ________ their reliance on virtual teams.

• A) increase
• B) decrease
• C) maintain
• D) end

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Definitions:

Inputs

Resources used in the production process to produce goods or services, including labor, raw materials, and capital.

Output

The total amount of goods or services produced by a company, industry, or economy over a given period.

Diseconomies of Scale

The phenomenon where production costs per unit increase as the scale of operation enlarges, often due to inefficiencies or increased complexity.

Constant Returns to Scale

A situation in economic production where increasing all inputs by any proportionate amount results in output increasing by the same proportion.