Industries That Generally Perform Well When Other Industries Are Performing

question 18

Multiple Choice

Industries that generally perform well when other industries are performing well are referred to as:

• A) diversified industries.
• B) cyclical industries.
• C) risk-free industries.
• D)systematic-risk industries.

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Definitions:

Services

Activities or benefits provided to consumers or businesses that do not result in the ownership of tangible goods.

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.

Aggregate Planning

A process in operations management aimed at determining the optimal levels of production, inventory, and workforce to meet forecasted demand over a medium-term horizon.

Demand Options

Various strategies that businesses can use to manage and respond to customer demand for their products or services.