Asked by Madilyn McPherson on May 14, 2024
Verified
In "Blur: The Speed of Change in the Connected Economy," the authors propose a formula to represent the rapidly accelerating rate of technological and other changes.In the formula,____ is/are the increasing role of personal services for many organizations and the economy as a whole.
A) speed
B) connectivity
C) blur
D) intangibles
Increasing Role
A situation where the importance or responsibilities of a position or function within an organization grows over time.
Personal Services
Services provided on a personal level, often involving direct person-to-person interaction or customized services catering to individual needs or preferences.
Connected Economy
An economic system characterized by the increased connectivity of people, businesses, and devices, facilitated by the internet and digital technologies.
- Gain an understanding of the swift technological advancements and their impacts on strategies and operations within organizations.
Verified Answer
SS
Sandeep SinghMay 20, 2024
Final Answer :
D
Explanation :
The increasing role of personal services for many organizations and the economy as a whole can be classified as intangibles, which are difficult to quantify but play a significant role in economic growth and development. Therefore, the best choice is D.
Learning Objectives
- Gain an understanding of the swift technological advancements and their impacts on strategies and operations within organizations.