Which of the following statements regarding factors of change in the organization is accurate?
A)Rapid developments in technology force a firm to change its technology to keep up.
B)Manufacturing jobs have been outsourced,but knowledge-based jobs are largely safe from such movement.
C)Though 50% of all small businesses fail,those that succeed often do not become large,complex organizations.
D)Changes in market conditions or the economy may cause companies to be resistant to change.

Question

Quizplus · Accepted Answer

Rapid developments in technology can force a firm to change its technology to stay competitive and relevant in the market. This can include updating hardware or software or incorporating new technologies to improve efficiency or product offerings. Failure to do so can result in losing market share to competitors who are more technologically advanced.

Which of the Following Statements Regarding Factors of Change in the Organization