Learning by Doing, Which Leads to Lower Costs in the Long

question 17

Multiple Choice

Learning by doing, which leads to lower costs in the long run, is often

• A)increased when new machinery is brought into the production process.
• B)a function of cumulative output, that is producing more of the good or service.
• C)improved through better use of computers in the production process.
• D)not very important to most firms.

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Definitions:

Feedback

Information provided regarding aspects of one's performance or behavior, used as a basis for improvement or reinforcement of positive actions.

Effective Communication

The exchange of information in a way that is clearly understood and results in the intended action or understanding between parties.

Congruence

In psychology, refers to the alignment or agreement between an individual's self-concept and reality.

Intended Message

The specific information or feeling that a communicator aims to convey to the listener or reader.