Which of the Following Does Woodward's Mass Technology Incorporate Aspects

question 79

Multiple Choice

Which of the following does Woodward's mass technology incorporate aspects of?

• A)Perrow's non-routine technology and Thompson's long-linked technology
• B)Perrow's engineering technology and Thompson's mediating technology
• C)Perrow's engineering technology and Thompson's long-linked technology
• D)Perrow's routine technology and Thompson's mediating technology
• E)Perrow's routine technology and Thompson's long-linked technology

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Definitions:

Money Supply

The total financial resources existing in an economy at a certain time.

Open Market Operations

These are financial activities where central banks buy or sell government securities in the open market to control the money supply and influence interest rates.

Required Reserve Ratio

The fraction of deposits that a bank is mandated by regulations to hold in reserve and not loan out.

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, which can be loaned out to generate earnings.