"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.

---

Definitions:

Generalized Self

A concept in sociology referring to an individual's ability to view themselves from the perspective of the general society and act according to societal expectations.

Negative Self-Concept

A person's view of themselves that is generally characterized by a lack of confidence and a negative perception of one’s abilities, appearance, or worth.

Looking-Glass Self

A sociological concept that suggests an individual's self-concept is shaped by how they believe others perceive them.

Assuming Social Statuses

The process of adopting or being assigned specific roles in society based on various factors like occupation, education, or income.