Akito's Company Uses a Computer to Control Its Production Process

question 47

Multiple Choice

Akito's company uses a computer to control its production process.The computer transmits signals to machines for performing the appropriate steps in the correct order.This is an example of _____.

• A)computer-aided design
• B)computer-aided manufacturing
• C)flexible manufacturing
• D)computer-integrated manufacturing

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Definitions:

Issuing Stock

The process by which a company raises capital by distributing shares of its ownership to investors.

Corporations

Business entities that are legally separate from their owners, providing limited liability protection to its shareholders.

United States

Refers to a country located primarily in North America, comprising 50 states and known for being a major political and economic power globally.

Stated Value

A value that is assigned to a share of stock by the issuing company, which may bear no relation to its market value.