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MA_775_DIABLO [31]
3 years ago
15

Liastem, a company that manufactures machinery parts, required Computer Numerical Control (CNC) machines for production. The com

pany bought old CNC machines and modified them to meet company requirements because it could not afford fully-automatic, new CNC machines. This scenario best illustrates the concept of _____.
Business
1 answer:
laila [671]3 years ago
3 0

Answer: Satisficing

Explanation:  

 The satisficing is one of the concept that helps in the making the various types of decisions based on the given situation and it also helps increase the profit by supporting the business management.

The satisficing is one of the important approach that helps in providing the satisfactory solutions and also effectively managing the operations and the functions.

According to the given scenario, the given concept is best illustrating about the satisficing as the company cannot afford the new fully automatic machines so they decided to modifying the existing machines based on the requirement the firm.

 Therefore, Satisficing is the correct answer.

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Increasing the reserve requirement is a powerful ANTI INFLATION weapon that reduces the overall supply of money.
In order to reduce the amount of money in an economy, the federal reserve can increase the reserve requirements of the commercial banks in the economy. This will reduce the amount of money that the banks can give out as loan and this will work to prevent inflation.
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this is because

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Answer:

perceptual screen

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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