Consumers Act to Maintain Things the Way They Are, and Their

question 22

True/False

Consumers act to maintain things the way they are, and their wants are a function of the need driven by homeostasis.

---

Definitions:

Alternative Course

A different plan or method that could be chosen instead of the original or current one.

Theory of Constraints

A management philosophy focusing on identifying and managing the most limiting factor (constraint) that stands in the way of achieving a goal.

Bottlenecks

Points of congestion in a production system where the workload arrives too quickly for the production process to handle, often leading to delays and lower efficiency.

Strategy

A plan of action designed to achieve a long-term or overall aim.