Identify and Explain the Three Key Roles That People Play

question 122

Essay

Identify and explain the three key roles that people play within an organization to acquire or develop technology.Give an example for each of the three roles.

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Definitions:

Output

The aggregate sum of products or services generated by a business, sector, or economic system.

Cost

The value of everything a company gives up to produce goods or services, including materials, labor, and overhead expenses.

Units

Standard measures or quantities used to specify or quantify an amount of something.

Marginal Product

The additional output generated by expanding inputs by one additional unit, while holding all other inputs constant.