Examlex
Which statement correctly describes the effects of various pain factors?
Diseconomies of Scale
The scenario where costs start increasing as a company or project becomes too large, leading to inefficiency.
Bureaucratic
Relating to a system of government in which most of the important decisions are made by state officials rather than by elected representatives.
Large Management
Refers to the administration and execution of strategic objectives within large organizations, involving complex structures and substantial resource allocation.
Increasing Returns
The phenomenon where an increase in the scale of production leads to a proportionally larger increase in output.
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