As the Automobile Pushed Aside the Former Technology-Horse and Buggy-People

question 24

Multiple Choice

As the automobile pushed aside the former technology-horse and buggy-people thought that cars would

• A) be a passing fad.
• B) eliminate parking problems in cities, because a car took up only half as much space as a horse and buggy.
• C) always remain a rich person's toy.
• D) make parking more difficult in cities, because a car took up twice as much space as a horse and buggy.

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Definitions:

R&D

Stands for research and development; the activities companies undertake to innovate and introduce new products or services.

Functional Division

A structure within an organization where departments are divided based on specific functions or roles, such as marketing or finance.

Economies of Scale

Economic gains that organizations derive from their magnitude of operations, with the expense per produced unit usually diminishing as the operational scale grows.

Game

A structured form of play or competitive activity, often undertaken for entertainment or educational purposes.