In 1987, the Software Company Infocom Released a Game Called

question 170

Multiple Choice

In 1987, the software company Infocom released a game called Bureaucracy, scripted by the science-fiction writer Douglas Adams. In the game, a character struggles to keep her blood pressure low enough to avoid a heart attack while changing her address and dealing with a large, impersonal, and inefficient bureaucracy. Although the game is meant to be humorous, what element of Bureaucracy would be familiar to Max Weber?

• A) nothing
• B) the frustration that comes with dealing with a life free of bureaucracy
• C) the sense of humor and whimsy with which the game treats bureaucracies
• D) the lack of efficiency associated with bureaucracies
• E) the impersonal nature of bureaucracy

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Definitions:

Put Option

A financial contract giving the buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specific time.

Strike Price

A term synonymously used with Exercise Price, indicating the fixed price at which an option holder can buy or sell the underlying asset.

Contract Maturity

The predetermined date on which a financial contract, such as a bond or a futures contract, expires or is settled.

Stock Price

The monetary value at which a company’s stock is traded on the market, influenced by factors like company performance and market conditions.