Persons Who Choose Not to Become Informed on Political and Governmental

question 111

Multiple Choice

Persons who choose not to become informed on political and governmental matters because they feel that the costs of becoming informed exceed the benefits of becoming informed are

• A) rationally ignorant.
• B) not acting in their own best interests.
• C) members of special interest groups.
• D) shortsighted.

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Definitions:

Construction Procurement

The process of acquiring labor, materials, equipment, and services necessary for the construction of a new building or infrastructure.

Make or Buy

A decision-making process involving an analysis on whether to produce a product in-house or to purchase it from an external supplier.

Core Competencies

Unique abilities or advantages that a company or an individual possesses, setting them apart from competitors and contributing to their success and value.

Insourced

The process of performing tasks or services internally within a company, as opposed to outsourcing them to an external provider.