________ is the idea that it is cheaper (per item) to make many of an item than few.
A. Historical value
B. Breakeven point
C. Economy of scale
D. Inventory turnover
Answer: C
You might also like to view...
A list of the disadvantages of telephone interviewing would include which of the following?
A) Questioning is restricted to the spoken word. B) Interviewers cannot use physical stimuli such as visual illustrations or product demonstrations. C) Personal rapport and commitment are difficult to establish. D) Respondents are less tolerant of lengthy interviews. E) all of the above
Thomas Bernerd, Inc.Thomas Bernerd, Inc., manufactures and sells reclining furniture. The company currently operates in the United States but wishes to expand overseas. The company managers have been contemplating the best way to enter the foreign market. At first, the management felt it would be in the company's best interest to let a foreign company use its product and brand in exchange for a royalty. The managers recognized, however, that before the company decided on its foreign strategy it needed to think through all the steps required to enter an international market. As such, the managers believed they needed to consult with some type of agency to help their firm compete more effectively in the global marketplace.After all the research was completed, the senior managers realized
that they wanted to export their product. The managers decided that the transport carrier would notify them when the merchandise was shipped. This would avoid any confusion about lost shipments and ensure better communication with the receiving parties. ? Refer to Thomas Bernerd, Inc. Which of the following alternatives could have worked as a link between the managers at Thomas Bernerd, Inc. and the buyer from a different country? A. International barter B. Counter trade C. Trading company D. Comparative trader E. Foreign-exchange control
In the ER Diagram for the SUNSHINE AIRLINE COMPANY, Symbol1 should be:
A) || B) >| C) >? D) |?
Intel’s former CEO Andy Grove stated that Michael Porter neglected an important force known as complementors, while identifying the five competitive forces that determine industry structure. What does ‘complementors’ refer to?
a. The threat of new entrants limiting the profit potential in an industry b. The dependence that develops between companies whose products work in conjunction with each other’s c. The threat of substitute products or services d. Powerful buyers or suppliers who bargain away profits for themselves