"Discrepancies of Quantity" Means

question 136

Multiple Choice

"Discrepancies of quantity" means:

• A) there are more producers than consumers.
• B) there are more consumers than producers.
• C) the difference between the product lines the typical producer makes and the assortment wanted by consumers or final users.
• D) consumers want more products than producers can make.
• E) the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users.

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Definitions:

Structure

The arrangement or organization of components into a coherent, systematic, or orderly whole.

Increased

The state of having become larger or greater in size, amount, number, or degree.

Classical Organizational Theorists

Refer to scholars and thinkers who developed the initial frameworks and theories on how organizations are structurally and functionally designed for efficiency and productivity, including Max Weber and Frederick Taylor.

Modular Organization

A network organization that performs a few core functions and outsources other activities to specialists and suppliers.