Which of the Following Is Not a Major Change in the Business

question 13

Multiple Choice

Which of the following is not a major change in the business environment that has affected the way many companies think about conducting business?

• A)An increased focus on the customer, especially their opinions about functionality and quality.
• B)A growing emphasis on globalization -new markets for products and new competitors.
• C)A larger number of companies are starting to use advanced information technologies, such as business intelligence.
• D)The development of improved cost management methods.

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Definitions:

Desired Outcomes

The specific results or goals that one aims to achieve in a particular process or activity.

Simple Design

An organizational structure characterized by minimal complexity, few layers of hierarchy, and straightforward decision-making processes.

Vertical Specialization

Refers to the degree to which tasks in an organization are subdivided into separate jobs.

Central Manager

A key managerial position responsible for overseeing the central or core operations within an organization or department.