Weber Made Several Important Qualifications Regarding Instrumental-Rational Thought and Action

question 64

Multiple Choice

Weber made several important qualifications regarding instrumental-rational thought and action. Which of the following is not one of those qualifications?

• A)Rationalization refers to the way people actually think.
• B)Rationalization refers to the ways in which daily life is organized to accommodate large numbers of people.
• C)Rationalization does not assume better understanding or greater knowledge.
• D)When people identify a desired goal and decide on the means to achieve it, they seldom consider less profitable or slower ways to achieve it.

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Definitions:

Straight-line Depreciation

A technique of distributing the expense of a physical asset uniformly over its operational lifespan.

Accelerated Depreciation

A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method over its useful life.

Useful Life

The expected time period over which an asset is useful to the owner.

Double-declining-balance

An accelerated method of depreciation which double the rate of normal depreciation, reducing the value of assets more quickly.