An enterprise resource planning system is most effective for this application.
<u>Option: C</u>
<u>Explanation:</u>
The centralized monitoring of large corporate activities, mostly in live time, and through software often technology mediation, highlighted as a Enterprise resource planning. ERP is generally understood as a type of information management tools that a company can utilize to acquire, store, process, and analyze data from multiple business operations.
It offers a constantly updated and organized representation of key firm operations by utilizing popular databases managed by a database management process. ERP programs monitor the capital of firm like: raw material, money, manufacturing capabilities and business obligations status like: order of purchase and payroll.
<span>In order to protect consumers from unfair business practices such as false advertising, dishonest labeling and monopolies, the federal government created the Federal Trade Commission to establish and enforce regulations protecting consumers from unfair and dishonest sales practices.</span>
Answer:
a small number of firms selling a homogeneous or a differentiated product
Explanation:
if this is one of the choices this is correct
The make-to-stock manufacturing (MTS) strategy can be described as producing products to put into stock based on a demand forecast.
In this strategy, companies do not maintain productive stability over a period of time, but adjust their manufacturing strategy according to times when demand can increase or decrease.
Some advantages of the make-to-stock strategy are:
- Economy of scale.
- Waste reduction.
- Efficiency in the use of resources.
- Increased response time.
So this is an effective manufacturing strategy for companies that can accurately forecast their demand.
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