Transforming an Existing Business to an E-Business Means a Manager

question 39

True/False

Transforming an existing business to an e-business means a manager must change business processes,but not the way people work or communicate.

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Definitions:

Variable Costs

Costs that vary directly with the level of output or production, such as materials and labor.

Fixed Costs

Expenses that do not change with the level of goods or services produced over a short period, such as rent or salaries.

Financial Break-even

The point at which a company's total revenues are exactly equal to its total expenses, resulting in neither profit nor loss.

Variable Costs

Charges that adjust in line with changes in production volume or output quantity.