Roundabout Methods of Production Are Said to Be Productive

question 37

Multiple Choice

Roundabout methods of production are said to be productive. What does this mean?

• A)Goods are best produced by many people working together-as in a circle.
• B)If you go round and round thinking about something, you will usually come up with the right way to do it-so you minimize on mistakes.
• C)If you take the most direct route to producing a good, you will save time, and time is something that producers want to save since "time is money."
• D)If you take time out to produce a capital good, with that capital good you can produce more than you could produce without it.

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Definitions:

Impression Management

Strategies or actions taken by individuals to influence how they are perceived by others, typically to appear more favorable.

Followers

Individuals or groups that choose to support and take direction from a leader or organization.

Influence Bosses

Strategies or actions aimed at affecting the decisions, behaviors, or perceptions of one's direct superior.

Internal Attribution

The process of explaining one's own behavior or that of others by attributing causes to internal factors, such as personality or character.