Basic Business and Management Practices Are Important,according to Researchers Who

question 68

Multiple Choice

basic business and management practices are important,according to researchers who studied more than 200 management tools and techniques.These are: (1) strategy, (2) execution, (3) __________,and (4) structure.

• A) charismatic leadership
• B) culture
• C) quality
• D) sustainability
• E) ethics

---

Definitions:

Digitization

The process of converting information into a digital format, enabling easier storage, access, and sharing of data.

Augmented Reality

A technology that superimposes a computer-generated image on a user's view of the real world, providing a composite view.

Disruptive Innovation

An innovation that significantly alters the way that consumers, industries, or businesses operate, often displacing established market-leading firms and products.

Frugal Innovation

The process of reducing the complexity and cost of a good and its production, usually to make it accessible to a larger part of the population.