Which of the Following Is NOT a Goal for Manufacturers

question 38

Multiple Choice

Which of the following is NOT a goal for manufacturers in designing their individual internal processes?

• A)to maximize the performance of their supply chains
• B)to provide customers with high-quality products and services
• C)to provide value at the lowest possible cost
• D)to provide at locations most convenient for the manufacturers

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Definitions:

Quantity of Money

The total amount of money in circulation within an economy, including cash, coins, and balances held in checking and savings accounts.

Classical School

An economic theory that emphasizes free markets, the importance of supply and demand in determining prices, and the idea that economies are self-regulating systems.

Supply-Side

Economic policies aimed at increasing production and supply of goods and services, often through tax cuts or deregulation.

Milton Friedman

A prominent economist known for his theories on consumption analysis, monetary history and theory, and the complexity of stabilization policy.