The Larger the Minimum Efficient Scale of a Plant,the Greater

question 73

Multiple Choice

The larger the minimum efficient scale of a plant,the greater the argument for centralizing production in a single location or a limited number of locations is the implication of the _____________ concept.

• A) consumer input
• B) economies of scale
• C) production
• D) materials management
• E) TQM

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Definitions:

Turnover

The rate at which employees leave a company and are replaced by new hires over a particular period.

Human Resources Information Systems

Integrated systems used to gather, store, and analyze information regarding an organization’s human resources.

Career Paths

Lines of advancement in an occupational field within an organization.

Job Requirements

The specific qualifications, skills, and experiences required to be eligible for a particular job position.