If a Firm Decided to Reevaluate and Reorganize the Way

question 3

Multiple Choice

If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing or decreasing jobs, the company would be using which of the following management technique?

• A)The value chain.
• B)Business intelligence.
• C)Business process improvement.
• D)Product reevaluation.
• E)Life cycle costing.

Develop critical thinking skills to propose solutions to reduce college costs.

Examine the relationship between the supply of higher education and its affordability.

Understand the principles and applications of organizational behaviour modification.

Grasp the concept and effectiveness of behavior modelling training.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.