HR Managers Are Being Urged to Create Policies Concerning When,where,and

question 16

True/False

HR managers are being urged to create policies concerning when,where,and how to use electronic devices at work.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in average cost per unit when production is increased.

Externalities

Costs or benefits that result from an economic activity and affect third parties who did not choose to incur that cost or benefit.

Diseconomies of Scale

The phenomenon where, as a firm scales up its production, the per unit cost starts to increase, typically due to inefficiencies.