The Business Owner Will Try to Maximize

question 63

Multiple Choice

The business owner will try to maximize

• A)profit per unit of output.
• B)total profit.
• C)total revenue.
• D)output.

Comprehend the impact of colonialism on African societies as evidenced through art.

Differentiate between the artistic styles and specialties of various African ethnic groups.

Understand the importance of ancestral and spiritual connections in African art.

Learn about the artistic techniques and materials unique to African art.

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Definitions:

BPR

Business Process Re-engineering, a strategy for making an organization's business processes more efficient and effective.

Manufacturing

The process of using tools, machinery, and labor to produce goods for sale, typically on a large scale.

Logistics

The detailed coordination of a complex operation involving many people, facilities, or supplies, in the context of moving and housing goods from point of origin to point of consumption.

Process Activities

The series of actions or steps taken in order to achieve a particular end in a process.