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Sony started as a tiny company that built portable,battery-powered transistor radio.The sound quality was poor,but customers were willing to overlook that for convenience and portability.With the experience and revenue stream from these portable radios,Sony improved its technology to produce cheap,low-end transistor amplifiers that were suitable for home use,and invested those revenues in improving the technology further,which produced still better radios.This is an example of:
Administrative Function
The tasks related to managing an organization's internal operations, such as record keeping, payroll, and compliance.
Project Administrative
Pertains to the administrative tasks involved in managing a project, including documentation, scheduling, and coordination activities.
Accounting
The systematic recording, reporting, and analysis of financial transactions and data within an organization.
Technological Complexity
The degree of difficulty and sophistication involved in the technology of a project or system.
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