A Make-To-Stock Production System Is One Where

question 32

Multiple Choice

A make-to-stock production system is one where:

• A) Items are made for inventory in anticipation of sales orders
• B) Items are produced to fill specific customer orders
• C) Items are assembled for a specific customer order from an inventory of components
• D) Both a and c

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Definitions:

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry, often aimed at achieving economies of scale, efficiencies, or increased market share.

Vertical Merger

A vertical merger involves the combination of companies that operate at different stages of the production process for a specific good or service, aiming to increase efficiency or control over supply chains.

Conglomerate Merger

A type of merger where two or more companies in unrelated business sectors combine.

Monopolizing

involves the domination of a market by a single producer or company, reducing competition and potentially controlling prices and supply in that market.