An Assembly Line Is an Example of A

question 209

Multiple Choice

An assembly line is an example of a:

• A) product-focused process.
• B) process-focused process.
• C) repetitive process.
• D) line process.
• E) specialized process.

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Definitions:

Pegged Exchange Rate

A currency system where a country's currency value is fixed or linked to another currency or a basket of currencies.

Fixed Exchange-rate System

A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.

Central Bank

An institution that manages a country’s currency, money supply, and interest rates, often overseeing the commercial banking system of their country or monetary union.