The Conversion Strategy That Will Require the Least Amount of Time

question 54

Multiple Choice

The conversion strategy that will require the least amount of time is _____.

• A) direct conversion of the entire system at all locations simultaneously
• B) direct conversion of the system by modules throughout locations in phases
• C) parallel conversion of the entire system at all locations simultaneously
• D) parallel conversion of the system by modules at all locations simultaneous
• E) All are about the same in terms of time

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Definitions:

Means of Production

The physical, non-human inputs like factories, machines, and tools required for the production of goods.

Karl Marx

A German philosopher, economist, and revolutionary socialist known for his works on capitalism and communism.

Friedrich Engels

A German philosopher, social scientist, and journalist, who, alongside Karl Marx, co-developed the communist theory.

Capitalistic Economic System

An economic system where trade and industry are controlled by private owners for profit, rather than by the state.