Which of the following is not a major change in the business environment that has affected the way many companies think about conducting business?
A)An increased focus on the customer, especially their opinions about functionality and quality.
B)A growing emphasis on globalization -new markets for products and new competitors.
C)A larger number of companies are starting to use advanced information technologies, such as business intelligence.
D)The development of improved cost management methods.

Question

Quizplus · Accepted Answer

The development of improved cost management methods is not a major change in the business environment that has affected the way many companies think about conducting business. While cost management is always important, it is not a recent change that has significantly impacted business strategies. On the other hand, the other options listed (focus on the customer, globalization, use of advanced information technologies) are all major changes that have altered the way companies approach business operations.

Which of the Following Is Not a Major Change in the Business