Use the Following Figure to Answer Questions: Figure 1

question 34

Multiple Choice

Use the following figure to answer questions: Figure 1.3
-A movement from point F to point D in Figure 1.3 results in

• A)A reallocation of resources from mop production to broom production.
• B)Permanent unemployment of workers producing brooms.
• C)A reallocation of resources from broom production to mop production.
• D)More efficient production.

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Definitions:

Line Managers

Individuals in an organization who are directly responsible for managing employees and operations, often overseeing a specific department or area.

Scenario Planning

Planning that identifies alternative future scenarios and makes plans to deal with each.

Royal Dutch/Shell

A global group of energy and petrochemical companies, known for its innovations in oil and gas exploration.

Future Shocks

A term by Alvin Toffler referring to the distressing disorientation felt when individuals or societies experience too much change in too short a time.