Which of the Following Statements Is Correct in Reference to the Corn

question 58

Multiple Choice

Which of the following statements is correct in reference to the Corn Laws?

• A)The repeal of the Corn Laws demonstrated the extent to which organized groups could bring change.
• B)The government used troops to put down public demonstrations.
• C)The actions of parliament caused massive hunger and famine.
• D)The Anti-Corn League's goals were higher tariffs.
• E)Manufacturers wanted higher prices for imports to avoid having to pay more taxes.

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Definitions:

JIT

Just-In-Time, a production strategy that aims to reduce times within the production system as well as response times from suppliers and to customers.

Upstream

In the context of supply chain, refers to the activities or processes involved in obtaining raw materials or components required for manufacturing.

JIT

Just-In-Time; an inventory management strategy that minimizes inventory and maximizes efficiency by receiving goods only as they are needed in the production process.

Excess Inventory

Inventory levels that exceed the demand, often resulting in wasted resources and storage costs.