Because There Is a Finite Supply of a Nonrenewable Resource

question 25

Multiple Choice

Because there is a finite supply of a nonrenewable resource:

• A)it has inadequate substitutes.
• B)any use of that resource today will leave less available for tomorrow.
• C)such resources are replenished faster than they are consumed.
• D)the government subsidizes the extraction of such resources.
• E)any use of that resource today means the value of the resource in the future will be less.

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Definitions:

Contingency Approach

A management theory that suggests the best way to organize and make decisions is dependent on the specific situation, emphasizing that there is no one best way to manage.

Managerial Responses

The actions or decisions taken by managers in reaction to internal or external factors impacting the organization.

Two-factory Theory

A psychological theory that proposes that human emotions consist of two components: physical arousal and a cognitive label that specifies the emotion.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.