Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater efficiencies by refining its processes and creating specialized jobs. This allowed the company to increase its output and lower the prices of its products. As a result, automobiles became an affordable commodity. In the context of the history of American business, Rayman Automobiles was most likely founded during the _____.

A. digital information era
B. entrepreneurship era
C. marketing era
D. production era


Answer: D

Business

You might also like to view...

What is true about a transfer?

A. It occurs when an employee is given less responsibility and authority. B. A transfer essentially increases compensation. C. It is an assignment of an employee to a position in a different area of the company, usually in a lateral move. D. It typically involves a full-time temporary position at another organization. E. A transfer fundamentally increases job responsibilities.

Business

A model that allows variables to change over time is referred to as a

A. static model. B. dynamic model. C. partial-equilibrium model. D. general-equilibrium model.

Business

In which of the following is a person performing the role of an influencer?

A) Dan decides on the product requirements and makes the final choice of suppliers. B) Luke has the authority to pick out the supplier and negotiate the terms of purchase. C) Liam heads the Tech team at LKG and provides information for evaluating the possible alternatives. D) LKG gets many calls from potential suppliers, and it is Leah's job to weed out the good prospects and refer them to others in LKG. E) Dana authorizes the actions of the deciders and buyers in LKG.

Business

I go to work, get the job done and go home. I am most likely in the ______.

A. in-group B. out-group C. mature partnership phase D. acquaintance phase

Business