Which of the Following Is an Example of Applied Research

question 18

Multiple Choice

Which of the following is an example of applied research? Paired item 1)

• A) a researcher tries to extract a newly found natural product from plants to study its medicinal properties
• B) a researcher tries to study the effect of a new drug on HIV-inhibition
• C) a researcher studies a hormone and its prospect as a cell signaling molecule

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Definitions:

Manufacturing Cost Elements

The three primary costs involved in producing goods: direct materials, direct labor, and manufacturing overhead.

JIT Processing

Just-In-Time (JIT) processing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.

"Push" Approach

A marketing strategy where products are "pushed" through distribution channels to the consumers, typically involving significant promotion and sales efforts.