What Is True of Reactive Firms

question 67

Multiple Choice

What is true of reactive firms?

• A) Reactive firms consider a variety of markets for selling their products and services.
• B) They consider exporting only after their domestic market is saturated.
• C) They systematically scan foreign markets for profitable export opportunities.
• D) They create excess productive capacity and actively hunt for opportunities in foreign markets.

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Definitions:

Processing Department

A specialized department within a manufacturing facility where a specific type of process or function is performed on the product.

Units Started

The total number of units of product that a company begins processing over a certain period of time, marking the start of the production process.

Ending Work in Process

The value of products still in production at the end of an accounting period, including all related costs incurred up to that point.

Processing Department

A specific department within a manufacturing facility where a particular stage of production is carried out.