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:

Socialization

The process by which individuals learn and adopt the norms, values, behavior, and social skills appropriate to their society or social group.

Approval

The act of accepting or endorsing something, often in a formal or official capacity.

Cooley

Charles Horton Cooley was an American sociologist who is best known for his concept of the looking-glass self, which describes the process by which individuals base their sense of self on how they believe others view them.

Looking-Glass Self

A concept in sociology suggesting that an individual's self-image is shaped by how others perceive them, acting as a reflective social mirror.