The Book the Wealth of Nations, Published in the Eighteenth

question 33

Multiple Choice

The book The Wealth of Nations, published in the eighteenth century, emphasizes the power of which of the following to increase production output?

• A) job rotation
• B) job specialization
• C) job design
• D) assembly-line production

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Definitions:

Advantageous

Providing a benefit or favor, leading to improvement or an increased chance of success.

Book Value

The net value of an asset or liability recorded on the balance sheet, calculated as its original cost minus any depreciation, amortization, or impairment costs.

Less Than

A relational operator indicating that one value is smaller or inferior in size, amount, or degree compared to another.

Bonds Payable

Long-term liabilities represented by promissory notes issued by a company to borrow money, to be repaid at a specific future date along with interest.