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2 years ago

Economies of scale and intra-industry trade combine to produce ________. group of answer choices

Business

1 answer:

Nikolay [14]2 years ago

3 0

Economies of scale and intra-industry trade combine to produce variety for customers.

Industry (Economy), broadly classified

Industry (Manufacturing), a specific industry, usually in a factory with machinery. A broader industrial sector of the economy that includes the manufacture and production of other intermediate or final products.

General Characteristics of Industrial Society and Modes of Production

Industrialization, Transformation into Industrial Society

Industrial Classification, Classification of Economic Organizations and Activities.

An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.

Learn more about industry here

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Which of the following is an advantage of utilizing technology?

8090 [49]

Answer:

C. Productivity increases.

Explanation:

Technology is the application of skills, knowledge which could be scientifically in solving problems, it can be in production of good and services.

Technology brings about automation, it saves time and provide efficiency in operation.

It should be noted that Productivity increases is an advantage of utilizing technology all over the world.

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3 years ago

The ___________ planning horizon is shorter than the aggregate production plan's, but must be longer than a firm's production le

klio [65]

Answer:

The correct answer is letter "B": Master production schedule.

Explanation:

A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.

<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>

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4 years ago

Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consid

In-s [12.5K]

Answer:

Omar should get budgeting advice from a consumer credit counselor

Explanation:

It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.

It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.

Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.

7 0

3 years ago

Alex expects to incur personal costs of $3,800 in Year 1, and $4,300, $5,200 and $4,600 in costs over the following three years,

Marina CMI [18]

Answer:

$15,061.26

Explanation:

The computation of the present value for these costs are shown below:

Year Expected cash flow Discount factor at 7% Present value

1 $3,800 0.9345794393 $3,551.40

2 $4,300 0.8734387283 $3,755.79

3 $5,200 0.8162978769 $4,244.75

4 $4,600 0.762895212 $3,509.32

Total $15,061.26

Refer to the discount factor table

3 0

3 years ago

An effective strategic manager will always view the organizational structure as an impediment to strategy implementation.A. True

algol13

Answer:

B. False

Explanation:

It is false to say that an effective strategic manager will always view the organizational structure as an impediment to strategy implementation. Organizational structure is very important because it provides clarity and good guidance to the issues of human resources. It is important for strategy implementation as it promotes operational efficiency.

5 0

4 years ago