The Larger the Minimum Efficient Scale of a Plant Relative

question 12

Multiple Choice

The larger the minimum efficient scale of a plant relative to total global demand,the greater is the argument for:

• A)decentralizing production in multiple locations.
• B)centralizing production in a single location or a limited number of locations.
• C)achieving location economies by operating in multiple locations.
• D)centralizing production in multiple locations.

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Definitions:

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.

Mores

are the accepted traditional customs, moral attitudes, or manners of a particular social group, which guide behaviors and can distinguish right from wrong.

Taboos

Culturally forbidden practices or norms that are considered unacceptable or prohibited in society.

Crescive Norms

Unwritten, societal rules and conventions that emerge gradually and dictate appropriate behaviors in various situations.