All of the Following,except One,are Possible Explanations for Why Large-Scale

question 102

Multiple Choice

All of the following,except one,are possible explanations for why large-scale operations may not be as important for firms in many industries in the future.

• A)Economies of scale are becoming less important in some industries because of new technology.
• B)Financial capital is now more readily available to small firms than it used to be.
• C)Consumer demand is shifting towards more customized products.
• D)Very large,established firms are often less flexible.
• E)Small firms can advertise their products on TV for a per unit cost that is just as inexpensive as large firms.

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Definitions:

Self-monitoring

Refers to the process of paying attention to one's own behavior and responses, often with the goal of improving or adjusting them in social or performance contexts.

Emotional Stability

The capability of an individual to maintain equilibrium or consistent emotional responses, even in stressful situations.

Stereotyping

The act of assigning generalized and often inaccurate or oversimplified attributes to a group of people based on their race, gender, culture, or other factors.

Generalized Judgments

Assessments or opinions that are broad and not specific to individual cases or circumstances.