Organizations Are Being Encouraged to Take an Interest in Business

question 2

Multiple Choice

Organizations are being encouraged to take an interest in business model innovation for three reasons: Please select all that apply.

• A) Product life cycles
• B) Organizational values can adapt
• C) Competition from unexpected sources
• D) Disruptions from competitors

---

Definitions:

Decentralization

The distribution of decision-making power and responsibility to lower levels within an organization.

Responsibility Accounting Reports

These are financial reports designed to track the financial performance of specific departments or units within an organization, emphasizing accountability and performance evaluation.

Lower-Level Managers

Managers who oversee the day-to-day operations within an organization, usually supervising entry-level employees.

Summary Report

A concise document that presents the main findings or results, often without detailed data.