Many US Manufacturers Are Now Shifting Their Focus from Products to to Both

question 64

True/False

Many U.S. manufacturers are now shifting their focus from products to both product and process improvements.

---

Definitions:

Variable Cost

Financial obligations that move together with the scale of manufacturing or sales activity, such as the cost of materials and labor.

Charitable Contribution

indicates a donation made by an individual or an organization to a nonprofit entity as a philanthropic gesture, often eligible for tax deduction.

Entrance Fee

A charge for entering a facility, participating in an event, or joining an organization or club.

Fixed Inspection Cost

A cost that remains constant in total for the inspection process regardless of the level of production.