Examlex
Jane holds a doctoral degree in sociology and works as a taxi driver.Which of the following best describes this situation?
Psychology
The scientific study of the human mind and its functions, especially those affecting behavior in a given context.
Standardization
The process of implementing and developing technical standards based on the consensus of different parties including firms, users, interest groups, standards organizations, and governments.
Cost Economies
Refers to the reduction in average cost of production as a firm increases its size or volume of output, typically achieved through operational efficiencies.
Product Variety
The assortment or mix of different products that a company offers to its customers.
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