Which of the Following Statements Regarding the Usefulness of Learning

question 60

Multiple Choice

Which of the following statements regarding the usefulness of learning curves is false?

• A) An external use of learning curves is in supply-chain negotiations.
• B) A strategic use of learning curves is in evaluating company and industry performance.
• C) An internal use of learning curves is in establishing costs.
• D) An internal use of learning curves is in labor forecasting.
• E) A strategic use of learning curves is in establishing budgets.

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Definitions:

Political Machines

Political organizations led by a boss that exert a strong influence on the politics of urban areas by providing services in exchange for votes.

Mass Entertainment

Forms of entertainment designed to appeal and be accessible to a large audience, including movies, television, concerts, and sporting events.

Corporate Consolidation

The process where companies merge or are acquired, leading to a reduction in the number of companies in an industry and often increasing the market power of the remaining firms.

Work Force

The total number of a country's population who are employed or actively seeking employment.