Which of the Following Is an Example of a Producer

question 178

Multiple Choice

Which of the following is an example of a producer taking advantage of economies of scope?

• A)a farmer buying more land so that he can produce more soybeans
• B)GM closing a Chevy truck plant in response to a decline in the demand for trucks
• C)Disney World staying open later to serve more customers per day
• D)a dairy farmer producing cow's milk and butter
• E)a mouthwash firm expanding production by improving managerial efficiency

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Definitions:

Physical Distractions

Elements in the environment that can divert attention away from tasks at hand.

Clarifying Assumptions

The process of making explicit any taken-for-granted beliefs or premises in communication or decision making.

Minimizing

The act of reducing something to the smallest possible amount or degree.

Listener's Problem

The challenges a listener might face in accurately receiving and interpreting a message due to various factors.