Which of the Following Is a Similarity Between Internal and External

question 42

Multiple Choice

Which of the following is a similarity between internal and external change agents in an organization?​

• A)​Both are preferred by employees for their impartiality.
• B)​Both know everything about the organization's culture and history.
• C)​Both try to bring an outsider's objective view to the organization.
• D)​Both specialize in adaptability as a key skill.

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Definitions:

Economic Order Quantity

A formula used to determine the most efficient order size that minimizes the total cost of inventory management, including ordering and holding costs.

Production Order Quantity Model

An inventory management method used to determine the optimal order quantity that minimizes the total holding and ordering costs.

Setup Cost

The cost incurred to prepare equipment or a process for production, including the cost of adjusting machinery and the labor cost of setting up.

Holding Cost

Cost associated with maintaining inventory over a period of time, including storage, insurance, and opportunity costs.