The Two Phenomena That Help Explain the Experience Curve Are

question 75

Multiple Choice

The two phenomena that help explain the experience curve are

• A) learning effects and economies of scale.
• B) technology inputs and wealth transfer.
• C) leveraging subsidiary and local responsiveness.
• D) standardized manufacturing and global web.
• E) efficiency frontier and location economies.

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Definitions:

Machiavellianism

A personality trait that involves manipulation, deceit, and a lack of morality to achieve one's goals.

Cunning

Exhibiting skill in achieving one's ends by deceit or evasion.

Deceit

The act of concealing or misrepresenting the truth to mislead others.

Environmental-mold Traits

Personality traits that are thought to be shaped primarily by external environmental factors, as opposed to being innate.