Examlex

Solved

The Assembly Line Is Most Consistent with Which of the Following

question 15

Multiple Choice

The assembly line is most consistent with which of the following general principles of management?


Definitions:

Restrain Trade

Practices or agreements that restrict free competition in business and commerce.

Price Discrimination

The practice of selling the same product or service at different prices to different customers, not based on cost differences.

Interstate Commerce

The exchange of goods, services, or money between parties in different states, governed by federal law in the United States.

Create A Monopoly

The practice or situation where a single company or entity exclusively controls a particular market, limiting competition and possibly leading to higher prices and less innovation.

Related Questions