Examlex
Employers who specify exactly how workers should look, behave, and speak are contributing to
Diseconomies of Scale
The phenomenon where, as a firm expands, its costs start increasing per unit of output, usually due to inefficiencies and management challenges that arise with size.
Diminishing Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase and may decrease.
Natural Monopoly
A market structure where a single provider is more efficient in supplying the entire market with a product or service, due to high fixed or startup costs.
Q16: Sociologists are just as concerned with those
Q24: We do not choose our biological parents
Q25: _were then emerging in secondary industries and
Q32: Abbott (1995) sheds some light on this
Q43: The principles of efficiency, quantification/calculation, predictability and
Q45: _ includes a person's educational credentials, the
Q58: In sacramental religions, the sacred<br>A)revolves around items
Q62: In South Africa it is interesting to
Q67: Herzberg's two-factor theory is a work-related theory
Q68: _ reflects a long-standing ideology that the