Global Standards for Products

question 20

Multiple Choice

Global standards for products

• A)Are virtually impossible in technical industries.
• B)Refer to having one product standard for all countries.
• C)Puts companies at a strategic disadvantage.
• D)All of the above

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Definitions:

Input Phases

Different stages or steps in which resources, information, or materials are provided or entered into a system for processing.

Productivity Ratio

A measure of the efficiency of production or output in relation to input, typically expressed as output per unit of input.

Chocolate Factory

A facility where cocoa beans are processed and turned into various chocolate products.

Candy Produced

The quantity of confectionery items manufactured within a given timeframe, often measured for industry or individual business performance.