This Manufacturing Approach, Typically Many Different End Items Are Made

question 5

Multiple Choice

this manufacturing approach, typically many different end items are made by combining standard components in inventory into many different products.

• A)MTS (Make to Stock)
• B)ATO (Assemble to Order)
• C)ETO (Engineer to Order)
• D)JIT (Just in Time)

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Definitions:

Implied Powers

Powers not explicitly stated but are considered necessary for fulfilling the expressly granted powers of an authority or government body.

Incorporated

refers to the process by which a business becomes a legally recognized entity that is distinct from its owners, providing benefits like liability protection and tax advantages.

Corporation Name

The legal name under which a corporation is registered to conduct business.

Société Anonymes

A French term for a public limited company, characterized by having its shares offered to the public and managed by a board of directors.