The Objective of ______ Is to Ensure That There Is

question 62

Multiple Choice

The objective of ______ is to ensure that there is sufficient manufacturing and distribution capacity to meet the demand forecasts.

• A)operations planning
• B)financial planning
• C)supply planning
• D)demand planning

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Definitions:

Trade Deficit

A situation occurring when a country's imports of goods and services exceed its exports, indicating a net outflow of domestic currency to foreign markets.

Major Trading Partners

denotes the most significant countries with which a particular nation conducts a considerable portion of its imports and exports.

Candlemakers

Traditionally, artisans or companies involved in the production of candles for lighting and other purposes.

Tariffs

Taxes imposed on imported goods, typically used to protect domestic industries and raise government revenue.