"Time Compression Diseconomies" Means

question 9

Multiple Choice

"Time compression diseconomies" means:

• A)Being unable to achieve sufficient volume in a short time-scale.
• B)The extra costs incurred by a second or subsequent mover attempting to quickly catch up the critical mass of a first-mover's key resources.
• C)The costs of employing extra staff and paying overtime which make a project uneconomic.
• D)Not achieving an economic production level due to lost time e.g. because of a strike.

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Definitions:

Psychology

An examination of the human psyche and its capabilities, focusing on their impact on behavior in certain environments.

Motivation

The internal process that activates, guides, and maintains behavior towards achieving a goal.

Phenomenology

A research approach focusing on the subjective experience and interpretations of individuals.

Physiology

Physiology is the branch of biology that studies the functions and mechanisms operating within living organisms and their parts.