Which of the Following Is a Possible Cause of a Firm's

question 31

Multiple Choice

Which of the following is a possible cause of a firm's reluctance to implement activity-based management (ABM) ?
I Employee resistance to change
Ii) Lack of understanding of the benefits of ABM.
Iii) Significant resources required.iv.Focus is on value-added activities.

• A) i,ii and iii
• B) i,ii and iv
• C) ii,iii and iv
• D) i,iii and iv

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Definitions:

Preventing Groupthink

Strategies or methods employed to ensure that decision-making within a group is based on critical thinking and not on the desire for harmony or conformity.

Meritocracy

A system or society in which people are selected, rewarded, and advanced in accordance with their talents, abilities, and efforts rather than their social status or background.

Group Cohesion

The bonding together of members of a group, resulting in a strong sense of collective identity, loyalty, and togetherness.

Loyalty To Neighbors

A sense of allegiance or support given to those living in close proximity, often manifesting in community assistance and solidarity.