Economies of Scale Most Often Occur in Industries Whose Initial

question 287

True/False

Economies of scale most often occur in industries whose initial fixed cost of plant and equipment is low.

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Definitions:

Employment At Will

A legal doctrine in some jurisdictions that allows an employer to terminate employees at any time for any reason, except an illegal one, or for no reason without incurring legal liability.

Due-Process Policy

Regulations that guarantee company procedures will be conducted fairly, especially concerning disciplinary actions against employees.

Internal Recruitment Sources

These are the channels within an organization used to fill job vacancies from the existing workforce.

Political Considerations

Factors involving governmental policies, regulations, and decisions that impact organizational operations and strategies.