multiple choice question\na firm grows from one to three plants. as a result, the firms sales increase…
multiple choice question\na firm grows from one to three plants. as a result, the firms sales increase, leading to greater marketing expertise. this is an example of which of the following?\n\nlearning by doing\nefficient capital\nlabor specialization\nslow decision making
Answer
Brief Explanations:
Learning by doing refers to gaining knowledge and expertise through practical experience. As the firm grows and its sales increase, it gains more marketing - related experience, which is an example of learning by doing. Efficient capital relates to the effective use of financial resources, labor specialization is about workers focusing on specific tasks, and slow decision - making is about the speed of making choices, none of which are described in the scenario.
Answer:
Learning by doing