MATCHING Match the Following Terms

question 12

Multiple Choice

MATCHING
Match the following terms:
-Horizontal board used for structural integrity.

• A)Branch
• B)Load-bearing
• C)Stud
• D)Slab
• E)Framing
• F)Joist
• G)Procurement
• H)Framer
• I)Trench

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Definitions:

Economies Of Scale

Financial benefits that firms receive from their size of operations, where the cost for every produced unit tends to drop as the operational scale expands.

Low-cost Inputs

Inputs are materials or resources used in the production process, and low-cost inputs refer to acquiring these materials or resources at the lowest possible cost to maximize profitability.

Differentiation Strategy

A business approach focusing on developing and marketing unique products or services to stand out from competitors and attract a specific segment of the market.

Creative Ideas

Novel and innovative thoughts or concepts, especially ones that can be implemented to solve a problem or improve a situation.