Miguel Proposes a New Design Idea for an Automobile to His

question 65

Multiple Choice

Miguel proposes a new design idea for an automobile to his boss. He illustrates the model through a presentation and describes how the firm could profit from it and how it meets customers' needs. Which of Reich's four critical skills is Miguel exhibiting?

• A) abstraction
• B) systems thinking
• C) collaboration
• D) process orientation

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Definitions:

Price of Water

The cost assigned to water consumption, varying based on location, availability, and delivery methods.

Marginal Utility

The additional benefit or utility gained from consuming an extra unit of a good or service.

Ounce of Gold

A unit of measure for weighing gold, where one ounce is equal to approximately 28.35 grams.

Ounce of Chocolate

A unit of measure representing the weight of chocolate, commonly used in purchasing or consuming chocolate.