____ Are Changes in an Organization's Production Process That Enable

question 48

Multiple Choice

____ are changes in an organization's production process that enable distinctive competence.

• A) Technology changes
• B) Structural changes
• C) Incremental changes
• D) Environmental changes.

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Definitions:

Wages

The monetary compensation paid by employers to employees for their labor, typically calculated on an hourly, daily, or piecework basis.

Segregation

The act or state of separating or being separated into different groups based on characteristics such as race, gender, or religion, often leading to unequal treatment or opportunities.

Profit Maximizing

The process or goal of a firm to adjust its production and pricing strategies to achieve the highest possible profit.

Economic Historians

Scholars who study and analyze the economies or economic phenomena of the past, integrating perspectives from history and economics.