A Firm Has Successfully Adopted a Positive Technological Change When

question 314

Multiple Choice

A firm has successfully adopted a positive technological change when

• A)it can produce more output using the same inputs.
• B)it produces less pollution in its production process.
• C)it can pay its workers less yet increase its output.
• D)it sees an increase in worker productivity.

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Definitions:

Competitive Global Environment

A business context where companies worldwide compete against one another to offer the best products, services, and customer experiences.

Tailor Communication

The practice of customizing messages and interactions to suit the specific needs and preferences of the audience or recipient.

Workforce Diversity

The range of differences among the members of a workforce, including but not limited to race, gender, ethnicity, age, and sexual orientation.

Contemporary Organizations

Modern or present-day entities characterized by dynamic structures, processes, and practices aimed at navigating the demands of a rapidly changing environment.