To remain competitive, businesses should not change procedures and policies in response to the economy, customer needs, and new opportunities that arise

Indicate whether the statement is true or false.

Answer: False
Explanation: To remain competitive, businesses need to change their procedures and policies in response to the state of the economy, customer needs, and new opportunities that arise. Change is so pervasive in business and industry that "change management" has emerged as a discipline to help organizations and individuals implement and adapt to change.

Business

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________ refers to all manufacturers, distributors, wholesalers, retailers, lessors, and subcomponent manufacturers involved in a transaction

A) Demand chain B) Chain of command C) Chain of distribution D) Value chain

Business

List any five important points to remember when defining work packages

What will be an ideal response?

Business