Which of the Following Is Not an Explanation for the Revival

question 28

Multiple Choice

Which of the following is not an explanation for the revival in the growth of productivity starting in the mid-1990s?

• A)Information and communication innovations are increasingly geared toward improving business processes and not consumer products.
• B)Faster computers have sped up data processing.
• C)Internet use has increased the efficiency of how firms buy and sell to each other and to consumers.
• D)Cell phones and wireless Internet access have increased worker flexibility.

Assess the financial impact of eliminating a business segment on operating income.

Determine pricing strategies based on labor rates, materials cost, and desired profit margins.

Calculate the impact of fixed cost allocation on operating income when eliminating a division.

Determine the most profitable product mix based on contribution margins and production capacity.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency and labor productivity.

Training Costs

Expenses associated with the development and delivery of training programs to employees, aiming at enhancing their skills and knowledge for better job performance.

Employee Aptitudes

The natural talents or abilities that individuals possess, which may influence their performance and roles within a workplace.

Direct Connection

The immediate and straightforward link or relationship between two systems, processes, or people without intermediaries.