Which one of the following statements on the concept of focused factories is BEST?
A) emphasizes economies of scale, rather than diseconomies of scale
B) prefers larger facilities producing all of the products or services the company offers
C) reduces the range of demands placed on an operation so management can concentrate on fewer tasks
D) emphasizes flexibility rather than cost
C
You might also like to view...
On January 1, 2015, Corner Store, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. The cash payment on June 30, 2015 is
a. $20,000 . b. $21,200 . c. $24,000 . d. $17,710.
________ is a social responsibility theory of business which says that a corporation must consider the effects its actions have on persons other than its shareholders
A) Corporate citizenship B) Maximizing profits C) Moral minimum D) Stakeholder interest
On the death of a partner:
A) If a partner has a spouse, that spouse becomes a partner. B) The surviving partners must select a new partner to replace the deceased or the partnership is dissolved. C) The partnership is dissolved automatically D) The partnership is dissolved unless the partnership agreement provides otherwise. E) The partnership reverts to a sole proprietorship.
Currently, there are ________ countries that are members of the European Monetary Union
A) 10 B) 17 C) 15 D) 20