If a Firm Enjoys Lower Costs Due to a Complex

question 31

Multiple Choice

If a firm enjoys lower costs due to a complex labor-intensive process,which of the following statements would then be true?

• A)Cutbacks in volume will always raise unit costs
• B)The firm is unconcerned with labor turnover
• C)An example of this process could be the practice of anti-trust law
• D)The firm's average cost rises due to moving down the learning curve
• E)The process is likely a repetitive manufacturing process such as two-piece aluminum can manufacturing

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Definitions:

Motivating Potential Score

A measurement used to evaluate the intrinsic motivation provided by a job, based on core job characteristics.

Vertical Loading

The process of adding more responsibilities and higher-level tasks to an employee’s job role, enhancing job satisfaction and engagement.

Job Rotation

A workforce management strategy where employees shift between different roles or tasks to gain skills and reduce monotony.

Task Variety

The degree to which a job involves a range of different activities requiring various skills and talents.