Two Recent Innovations in Management Include the Shift to A(n)

question 28

Multiple Choice

Two recent innovations in management include the shift to a(n) ____ and managing the ____.

• A) learning organization; technology-driven workplace
• B) traditional organization; turbulent environment
• C) customary organization; information technology
• D) innovative organization; operational efficiency
• E) modern organization; customer relations

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Definitions:

Operating Cost

Expenses related to the day-to-day functioning of a business, excluding costs related to production.

Useful Life

The expected period of time during which an asset is useful to the owner for its intended purpose, often affecting depreciation calculations.

Economic Value

The total value that an asset generates, encompassing both current and future benefits.

Useful Life

The estimated duration over which an asset is expected to be functional and economically useful.