Broston Inc

question 19

Multiple Choice

Broston Inc., a bottling company, has state-of-the-art bottling and capping equipment in its manufacturing unit. The manufacturing unit is capable of producing double the quantity than required for the domestic market. The company plans to venture into the global market in order to maximize the utilization of the bottling plant and generate more revenue. This scenario reflects the concept of the _____.

• A) theory of computation
• B) theory of economies of scale
• C) theory of spontaneous generations
• D) theory of the international product life cycle

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Definitions:

Engineering

The application of scientific and mathematical principles to practical ends such as the design, manufacture, and operation of efficient and economical structures, machines, processes, and systems.

Controlling

The management function of monitoring performance, comparing it against goals, and implementing necessary adjustments to achieve objectives efficiently.

Measuring Performance

The process of evaluating the efficiency and effectiveness of actions or operations, often through the use of key performance indicators (KPIs) and metrics.

Ensure Desired Results

The process of implementing measures and strategies to guarantee that specific outcomes are achieved.