While Your Mother Is at the Bookstore Looking for Something

question 13

Multiple Choice

While your mother is at the bookstore looking for something new to read, she mentions that she is interested in learning more about what her daughter is currently writing, an ethnography.The clerk asks for a more detailed description of an ethnography, so your mother phones you asking for more information.Your response includes which of the following?

• A)what physical anthropologists produce
• B)a description of observations about living human cultures
• C)a description of observations about ancient prehistoric cultures
• D)a description of behavioral observations of nonhuman primates

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Definitions:

Value Creation

The process by which goods or services are provided that offer value to customers, thereby generating benefit to the producer or provider.

Comparative Advantage

a principle of economics that states a country or entity should produce goods and services for which it has a lower opportunity cost than its trade partners.

Specialization

involves focusing on a narrow range of products or services to gain efficiency and improve competitive advantage.

Exchange

The act of giving one item in return for another, often seen in finance and trade as the swapping of goods, services, or financial instruments.