What Does the Average Company Spend on Production Needs

question 8

Multiple Choice

What does the average company spend on production needs?

• A) Almost 10 percent of every dollar that it earns.
• B) Almost 20 percent of every dollar that it earns.
• C) Almost 40 percent of every dollar that it earns.
• D) Almost 50 percent of every dollar that it earns.

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Definitions:

Opportunity Presented

A situation or condition that makes it possible to do something that one wants to do or has to do.

Admit

To confess or acknowledge something, often reluctantly.

Sense of Self-efficacy

The belief in one's own ability to succeed in specific situations or accomplish a task.

Cope

The process of effectively dealing with stress or adversity through various strategies or mechanisms.