Differences in Government-Mandated Product Standards Can Rule Out Mass Production

question 68

True/False

Differences in government-mandated product standards can rule out mass production and marketing of a standardized product.

---

Definitions:

Working Capital Management

The managing of short-term assets and liabilities.

Current Assets

Assets that are used or converted into cash within the course of a calendar year.

Financial Managers

Those who focus on obtaining needed funds for the successful operation of an organization and using those funds to further organizational goals.