Increasing Returns to Scale Refers To

question 101

Multiple Choice

Increasing returns to scale refers to:

• A)the notion that proprietorships are less bureaucratic and, therefore, more efficient than corporations
• B)public investment in highways, schools, utilities, etc.
• C)the fact that large producers may be able to use more efficient production techniques
• D)the reallocation of labour from less productive to more productive uses
• E)the fact that corporations have a more streamlined, efficient form of organization than do proprietorships

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Definitions:

Positive Charismatic

Refers to individuals who possess an inspiring, optimistic, and compelling charm that influences others positively.

Negative Charismatic

Describes a type of leadership or personal influence that, while compelling, leads followers towards unethical, immoral, or harmful outcomes.

Followers

Individuals who are influenced by and support leaders or leading entities, often contributing to the vision and goals set by their leaders.

Innovative Strategy

A plan of action designed to introduce new ideas, methods, or products.