1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alina1380 [7]
2 years ago
15

It would be common to use the term ____ to refer to the manufacturing process when discussing the global supply chain.

Business
1 answer:
Zanzabum2 years ago
3 0

<u>Production</u> refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.

<h3>What is production?</h3>

It is the supply chain phase that includes all the processes related to the creation and elaboration of the product.

That is, it includes the operations necessary for the transformation of raw materials into products and their mass production.

Therefore, we can conclude that production refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.

Learn more about supply chain stages here: brainly.com/question/878903

You might be interested in
True or False: If Hubert's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, decrea
KatRina [158]

Answer:

False

Explanation:

In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.

As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.

As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.

Thus, the statement is False.

5 0
3 years ago
Suppose that a university decides to spend $1 million to upgrade personal computers and scientific equipment for faculty rather
Vladimir [108]

Answer:

<u>Opportunity cost </u>

Explanation:

Suppose that a university decides to spend $ 1 milion to upgrade personal computers and scientific equipment for faculty rather than spend $  million to expand parking for students . This example illustrates<em><u> opportunity costs.</u></em>

<em>Opportunity cost refers to the cost shifting one opportunity to another opportunity or availing one opportunity in terms of another.</em>  

Formula of Opportunity cost is :

<u>Opportunity cost</u>    =  Total Revenue - Economic Profit

                                    Or

<u>Opportunity cost </u>  = What one sacrifice / What one gain

In Opportunity cost we chose one thing or option over the cost of another thing or option. Opportunity cost places a important role in economic theory .

As it tell us that people can choose only one thing not the both things at the sane time.

3 0
3 years ago
An ISP is granted a block of addresses starting with 150.80.0.0/16. The ISP wants to distribute these blocks to 2600 customers a
stepan [7]
A the first groupings has 200 medium-side busi es-es each needing 128 addresses
4 0
2 years ago
Fundamental analysis determines that the price of a firm's stock is too low, given its intrinsic value. The information used in
Allisa [31]

Answer:

The correct answer is letter "B": Neglected-firm effect.

Explanation:

The Neglected-firm effect has the purpose to explain why small companies that are not well-known have better performances than the ones that are. The theory explains that smaller companies' stocks generate higher returns because they are unlikely to be studied by market analysis. In that sense, because no much information is provided by the smaller firms -even lesser than what is required by law, they are <em>neglected </em>by analysts since there are very few data to take a look at.

8 0
3 years ago
Elaine is in the process of buying a new car. There are many possible cars to choose from, but she is focused on a few she would
statuscvo [17]

Answer:  evoked set

               

Explanation:

In simple words, evoked set refers to the collection of brands that initially comes in the mind  of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.

Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.

4 0
3 years ago
Other questions:
  • What is the approximate maximum hardness value in rockwell units that steel can attain?
    12·1 answer
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • Status
    15·1 answer
  • What is it called when people assume you're a certain way, and you act the part?
    6·1 answer
  • Which one of the four Ps of the Marketing Mix signifies and communicates how the product will reach the end-user (Customer/Consu
    5·1 answer
  • Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
    10·1 answer
  • Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return
    7·1 answer
  • A company makes travel umbrellas. Its fixed costs are $1000 a week and its variable costs for one batch of umbrellas are $500 fo
    8·1 answer
  • Residents of poor countries tend to have fewer automobiles per capita because Group of answer choices lower per capita real gros
    8·1 answer
  • The entry to record the issuance of common stock at a price above par includes a credit to?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!