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viktelen [127]
3 years ago
6

Why does manufacturing matter to your daily life, even if you don't think about it much?

Business
2 answers:
Papessa [141]3 years ago
7 0

Answer:

<em>A. Manufacturing industries produce everything we use.</em>

Explanation:

The word <em>'Manufacturing'</em> means production ultimately enabled by man for man.

<em>Manufacturing</em> is the core of the entire economic activity in a nation. Without manufacturing, there will be no <em>service sector</em>, whose main role is to service the manufacturing sector. Both the manufacturing and service sector are<em> 2/3rd constituents</em> of an economic system ( Agriculture being the third ). Hence, we can say that the economic growth of a nation is dependent on the state of Manufacturing sector in the economy.

That's why manufacturing matters to me because <em>Manufacturing industries produce everything we use, </em>on which the entire economy functioning depends.

Contact [7]3 years ago
3 0

Answer:A

Explanation:

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faltersainse [42]

Answer:

The correct answer is letter "C": an increase in the bargaining power of suppliers of a critical input.

Explanation:

Porter's Five (5) Forces is an analysis scheme created by Harvard School Professor Michael E. Porter (<em>born in 1947</em>). The ultimate goal of this analysis is to help managers set their expectations because profitability decreases as competition increases. Three of the five forces relate to industry (horizontal) participants - <em>the threat of substitutes established rivals, and new entrants</em>. The other two relate to the vertical participants - <em>the bargaining of suppliers and consumers</em>.

In the case, as airline fuel suppliers are consolidating, this would represent the bargaining of suppliers factor in Porter's theory. They could joint to decide quantities supplied or even prices.

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3 years ago
Sanford Corp. bought new technological systems to inspect the quality of products as they come off the production line. The expe
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Available options are:

A. Internal failure cost

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C. Prevention cost

D. External failure cost

Answer:

B. Appraisal cost

Explanation:

The reason is that the appraisal costs are incurred to assess that whether the investment will bring value to the organization in terms of customer loyalty, better cash positions, greater profitability, better quality, etc. The inspection of the quality of the production which also considers the cost of operating the system is actually considering the value the new technology system is generating and is appraisal cost to the company.

3 0
4 years ago
During what meeting did the delegates request each state write a constitution?
Tasya [4]
The delegates requested that each state write  a constitution during the Second Continental Congress.
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The production possibilities frontier shows the ________ combinations of two products that may be produced in a particular time
maxonik [38]

Answer:

Option (a) is correct.

Explanation:

The production possibility frontier curve is a graphical representation of all the points or combination of two commodities that an economy can produce with the limited or available resources.

All the points on the PPF curve shows the best combination of two goods, all the points below that curve shows that resources are not fully utilized and all the points above that curve shows that allocations are not achievable.

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4 years ago
Just before colliding with another vehicle, you should __________.
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3 years ago
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