Technological Innovation Has Led to Longer Product Life Cycles and Hence

question 135

True/False

Technological innovation has led to longer product life cycles and hence a need to bring new products to market more rapidly.

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Definitions:

Information Technology

The use of computers and software to manage information.

HR Functions

The roles and responsibilities performed by the human resources department, including recruitment, training, benefits administration, and compliance with labor laws.

HR Metrics

Quantifiable measures used to track and assess the efficiency and effectiveness of HR practices and their impact on an organization's strategic goals.

HR Outcomes

The results or outputs of human resource practices, including employee performance, engagement, retention, and overall organizational effectiveness.