Organizational Change Has Occurred in a Company in Response to New

question 46

Multiple Choice

Organizational change has occurred in a company in response to new leadership directives and different strategic plans.What level of development is creating this change?

• A)industrial level
• B)firm level
• C)individual level
• D)societal level

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Definitions:

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Machinery Retirement

Machinery retirement refers to the process of removing fixed assets, specifically machinery, from operational use due to obsolescence, age, or inefficiency.

Double-declining-balance Method

An accelerated depreciation method that doubles the normal depreciation rate, allowing for more depreciation expense in the earlier years of an asset's life.

Straight-line Method

A technique for determining the depreciation of an asset that presumes the asset depreciates by a consistent amount annually throughout its expected lifespan.