In the _____ Approach, a Manufacturing Company Uses Outside Suppliers

question 70

Multiple Choice

In the _____ approach, a manufacturing company uses outside suppliers to provide entire chunks of a product, which are then assembled into a final product by a handful of workers.

• A) virtual network
• B) modular
• C) virtual organization
• D) team
• E) matrix

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Definitions:

Money Balances

Refers to the amount of money held by an individual or entity in the form of cash or bank deposits.

Capital Resource

A capital resource is an asset utilized by a company to produce goods and services, such as buildings, machinery, and equipment.

Computer Chips

Small electronic devices containing integrated circuits used in almost all electronic equipment today.

Software

A set of instructions, data or programs used to operate computers and execute specific tasks.