A Production House Called Script Creations Inc

question 55

Multiple Choice

A production house called Script Creations Inc. initiated a strategy for making its next movie. It invited a mass of people to create short documentaries on a social theme. As per the terms and conditions, Script Creations would select top three short stories to create an overall complete movie. This initiation by Script Creations Inc. is an example of _________.

• A)crowdsourcing
• B)insourcing
• C)offshoring
• D)benchmarking

Comprehend Adam Smith's theories on self-interest and the invisible hand in economics.

Acknowledge the potential for conflict between efficiency and equity goals within an economic system.

Identify the characteristics and functions of public goods.

Describe the historical and theoretical foundations of communism, including Karl Marx's predictions.

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Definitions:

Person-Centered

A therapeutic approach developed by Carl Rogers, focusing on an individual's self-worth and values being central to personal growth and healing.

Inappropriate Behaviors

Actions or responses that are not suitable or proper in a given context, potentially causing discomfort or offense to others.

Token Economy

A behavior modification system that utilizes tokens as reinforcement for desirable behaviors, which can be exchanged for rewards.

Modeling

The process of imitation or simulation, often used in learning or in the analysis of complex systems by replicating behaviors, patterns, or activities.