Examlex
Which one of the following does NOT account for WHY a company's strategy evolves from one version to another?
Average Product
The amount of production divided by the input units, indicating the efficiency of production per input unit.
Semiconductor Chip
A small electronic device made of semiconductor material, used in a wide array of electronic circuits and devices for processing or controlling electrical signals.
Technological Improvements
Innovations and advancements in technology that enhance productivity, efficiency, and quality of goods and services.
Productivity
The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
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