Which answer is correct?*

1 point

a. An organization is set up as a response to and a means of satisfying some met human needs.

b. A driving factor to an organization establishment is big data.

c. People think seriously about what an organization is.

d. Unlike people, ageing is not relevant when referring to an organization.

Q2. In creating values, an organization must meet the expectation of various stakeholders known as*

1 point

a. Triple helix.

b. Quadruple helix.

c. Quintuple helix.

d. All of the above.

Q3. An organization is established for many reasons. One of the reasons is to increase specialization and the division of labor. What kind of cost-saving will an organization obtain when it focuses on economies of scope?*

1 point

a. Cost-saving that relates to fully utilizing its resources across variety of products.

b. Cost-saving that relates to producing a large number of volume for a particular product.

c. Cost-saving that relates to investing in new technologies in the market.

d. Cost-saving that relates to replacing humans with automation.