What Is Credited with Gains in Industrial Productivity, Increased Standards

question 8

Multiple Choice

What is credited with gains in industrial productivity, increased standards of living, and affordable products?

• A) personal computers
• B) the Internet
• C) mass transportation
• D) mass production
• E) multilevel marketing

Evaluate situations where organizations or government entities can be blamed for the outcomes of natural disasters and understand the implications.

Recognize the benefits of engaging in issues management for preventing or mitigating crises.

Compare and contrast different organizational responses to crises, understanding the stages of the issue life cycle.

Understand the variability and overlap in terms used to describe leadership behavior.

---

Definitions:

Importing Steel

The act of bringing in steel from other countries to meet domestic demand or for manufacturing purposes, often due to a lack of local supply or cost effectiveness.

Price Per Ton

Price per ton is a measurement of cost used to evaluate bulk materials, indicating how much a buyer must pay for a thousand kilograms of the material.

Producer Surplus

The gap between the minimum amount sellers are prepared to accept for a product or service and the increased amount they actually get because of elevated market prices.

Deadweight Loss

A shortfall in economic efficiency due to a good or service not reaching free market equilibrium.