A Long-Term Approach in Sustaining Business Can Be Measured By

question 23

Multiple Choice

A long-term approach in sustaining business can be measured by:

• A)the gross domestic product
• B)the TBL accounting framework
• C)modern management practices
• D)double-loop learning

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Definitions:

Organizational Pyramid

A hierarchical structure in an organization that illustrates levels of management and division of responsibilities, from the highest level of leadership to the lowest.

Fewer Layers

A reference to organizational structures with reduced levels of management, aiming for quicker decision-making processes and increased agility.

Greater Emphasis on Teams

An organizational focus that prioritizes team-based approaches and collaborative efforts among employees to achieve business objectives.

Organizational Socialization

The process by which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members and insiders.