Which of the Following Industries Was Substantially Deregulated Over the Last

question 128

Multiple Choice

Which of the following industries was substantially deregulated over the last several decades?

• A)Autos.
• B)Cinemas.
• C)Textiles.
• D)Airlines.

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Definitions:

Low-Cost Strategy

A competitive strategy focusing on becoming the lowest cost producer in an industry to offer products or services at the lowest price possible to consumers.

Production Lead Time

The total time required to manufacture an item, including order preparation, queue, setup, run, inspection, and put-away time.

Supply-Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Service Firms

Companies that provide intangible products or services to customers.