A Job Has an 80 Percent Learning Curve

question 132

Multiple Choice

A job has an 80 percent learning curve. If the first unit took 50 hours to complete, the third unit should take roughly how many hours?

• A)40
• B)36
• C)35
• D)32
• E)10

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Definitions:

Direct Exporting

The process of selling goods directly from a manufacturer to foreign markets without intermediaries.

Selected Markets

Specified segments of the broader market that a company chooses to target for its marketing efforts, products, or services.

Direct Exporting

The sale of products directly to customers or retailers in another country, without the involvement of intermediaries.

Increased Profits

A rise in the amount of net earnings gained from business operations after all costs have been subtracted.