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Engineering psychology is concerned with the adaptation of the equipment and environment to people, based upon their psychological capacities and limitations with the objective of improving overall system performance, involving human and machine elements [1] Engineering psychologists strive to match equipment requirements with the capabilities ...
[6] [7] [8] Quizlet's blog, written mostly by Andrew in the earlier days of the company, claims it had reached 50,000 registered users in 252 days online. [9] In the following two years, Quizlet reached its 1,000,000th registered user. [10] Until 2011, Quizlet shared staff and financial resources with the Collectors Weekly website. [11]
Cognitive ergonomics (sometimes known as cognitive engineering though this was an earlier field) is an emerging branch of ergonomics. It places particular emphasis on the analysis of cognitive processes required of operators in modern industries and similar milieus.
The industrial psychology division of the former American Association of Applied Psychology became a division within APA, becoming Division 14 of APA. It was initially called the Industrial and Business Psychology Division. [40] In 1962, the name was changed to the Industrial Psychology Division.
Research has pointed to investment in patents rather than in new capital equipment as a contributing factor. [3] At a more fundamental level, Cairncross and Lever offer four possible definitions of deindustrialization: [4] [5] A straightforward long-term decline in the output of manufactured goods or in employment in the manufacturing sector.
In economics a trade-off is expressed in terms of the opportunity cost of a particular choice, which is the loss of the most preferred alternative given up. [2] A tradeoff, then, involves a sacrifice that must be made to obtain a certain product, service, or experience, rather than others that could be made or obtained using the same required resources.
Categorization of people into social groups increases the perception that group members are similar to one another. An outcome of this is the out-group homogeneity effect. This refers to the perception of members of an out-group as being homogenous, while members of one's in-group are perceived as being diverse, e.g. "they are alike; we are ...
Netting out fixed costs, a firm then faces the requirement that (total revenue equals or exceeds variable costs), in order to continue operating. Thus, a firm will find it profitable in the short run to operate so long as the market price equals or exceeds average variable cost ( p ≥ AVC ). [ 3 ]