Other Things the Same, Which of the Following Would Increase

question 34

Multiple Choice

Other things the same, which of the following would increase productivity?

• A)An increase in either human or physical capital
• B)An increase in human capital but not an increase in physical capital
• C)An increase in physical capital but not an increase in human capital
• D)Neither an increase in human capital nor an increase in physical capital

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Definitions:

McDonaldization

A term describing the process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, have come to dominate other sectors of society.

Organizational Principle

Fundamental concepts or guidelines that dictate the structure, operation, and management of an organization, shaping its culture and functioning.

Efficiency

The ability to accomplish a task using the least amount of resources possible.

Calculability

The ability to assess or measure something quantitatively, often used in the context of evaluating efficiency, productivity, or performance.