Suppose an American Worker Can Make 100 Nets or Catch

question 35

Multiple Choice

Suppose an American worker can make 100 nets or catch 900 fish per day. On the other hand, a Chilean worker, can make 40 nets or catch 400 fish per day. The United States has an absolute advantage at producing both fish and nets. This means that the United States:

• A) should produce only nets and trade with Chile to get fish.
• B) should produce only fish and trade with Chile to get nets.
• C) should take advantage of Chile by trading with them.
• D) same amount of workers" to read "same number of workers.

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Definitions:

OD

Short for Organizational Development, a field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Blue-Collar Workers

Refers to employees performing manual labor, often in industries like manufacturing, construction, and maintenance.

Organizational Processes

The sequences of activities or procedures entities in an organization follow to produce products or provide services.

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.