If a Firm Wants to Capitalise on Economies of Scale

question 164

Multiple Choice

If a firm wants to capitalise on economies of scale, it may be able to do so by:

• A)giving its employees a limited task that they can master
• B)employing a larger number of workers
• C)producing a larger quantity of output
• D)doing all of the above

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Definitions:

Moral Development

The process by which individuals acquire and refine ethical principles and behaviors over time.

Ethical Reasoning

The act of examining and deciding upon choices based on adherence to ethical norms.

Organizational Culture

The set of shared beliefs, values, customs, and practices that influences the way employees interact and work in a company.

Ethical Intensity

indicates the degree to which an issue or situation is recognized as having ethical implications that affect its stakeholders.