Apart from __________________, All of the Following Are Trends in the Contemporary

question 150

Multiple Choice

Apart from __________________, all of the following are trends in the contemporary business world.

• A) pervasive influence of information technology
• B) respect for new workforce expectations
• C) emphasis on teamwork
• D) increase in "command-and-control" leadership
• E) changing careers

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Definitions:

Standard Costing

A management accounting method that uses standard costs for direct materials, labor, and overhead to control expenses and assess performance.

Organisational Performance

Organisational Performance refers to how well an organization achieves its predetermined objectives, encompassing efficiency, effectiveness, and financial performance.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity in relation to pre-established criteria and objectives.

Direct Material Standards

Established benchmarks for the cost and quantity of materials required for production processes.