The More Complex Version (The Six-Factor Version) of the Social

question 103

Multiple Choice

The more complex version (the six-factor version) of the Social Cognitive Career Theory includes which two additional variables?

• A)aptitude and achievement
• B)income and education
• C)supports and barriers
• D)talents and skills

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Definitions:

Economies of Scale

A cost advantage that arises with increased output of a product, where fixed costs are spread out over more units of production, reducing the cost per unit.

Inventory Carrying Costs

Inventory carrying costs include the total expenses associated with holding and storing unsold goods, such as warehousing, insurance, depreciation, and opportunity costs.

Disintermediation

Elimination of intermediaries, such as distribution centers, in the delivery of products from a producer to a consumer.

Distribution Centers

Facilities that store and distribute a company's inventory to retail locations or directly to customers.