Which of the Following Would Be Considered a Common Resource

question 63

Multiple Choice

Which of the following would be considered a common resource good?

• A)cable television
• B)bottled natural mineral water
• C)a congested public park
• D)electricity consumption by a household

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Definitions:

Assembly-Line System

A manufacturing process in which parts are added to a product in a sequenced manner to create a finished product efficiently.

Management of Networks

Strategies and practices involved in overseeing a series of interconnected individuals, groups, or systems to achieve certain goals.

Development of Alliances

The strategic process of creating formal relationships or partnerships between organizations to achieve mutual goals or to gain competitive advantages.

Specific Environment

The part of the environment that is directly relevant to an organization, including customers, suppliers, competitors, and government regulations.