Anil Defines "Economy" in a Manufacturing Context as

question 70

Multiple Choice

Anil defines "economy" in a manufacturing context as

• A) Diseconomies of scale.
• B) Diseconomies of scope.
• C) Economies of scale.
• D) Economies of scope.
• E) Economies of size.

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Definitions:

Emergence

The process of coming into being or of becoming prominent.

Market-based Opportunity

Opportunities identified through market analysis, indicating areas where a business can gain competitive advantage or meet unfulfilled customer needs.

Measurable Accomplishment

Achievements or milestones that can be quantitatively assessed or verified, often used as indicators of success or progress.

Need for Achievement

A personal drive in individuals leading them to pursue and attain challenging goals, often associated with a high level of ambition and effort to succeed.