_____ Is an Example of Human Specificity Which Raises the Risks

question 12

Multiple Choice

_____ is an example of human specificity which raises the risks associated with opportunism.

• A)Car insurance purchased by an individual for his/her favorite car.
• B)Investment of an employer in company-specific skills.
• C)Purchasing immovable machines for a particular facility.
• D)Investment in research and development

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Definitions:

Process Layout

An arrangement of production where workstations or departments are grouped by function to perform similar activities, optimizing for flexibility rather than efficiency.

Flexibility

The ability to adapt to new, different, or changing requirements, environments, or conditions in a responsive and effective manner.

Product Layout

A way to arrange a manufacturing business by placing equipment in an assembly line.

Auto Assembly Lines

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.