Which of the Following Is a Trait of a Traditional

question 105

Multiple Choice

Which of the following is a trait of a traditional manufacturing system?

• A)pull-through system
• B)long-term supplier contracts
• C)value-added focus
• D)total quality control

---

Definitions:

Surround Sound Systems

Audio systems designed to create a more immersive listening experience by using multiple speakers placed around the listener to replicate a multi-dimensional sound environment.

Monopoly

A market structure characterized by a single seller controlling all supply of a good or service, with no close substitutes.

Marginal Revenue

The incremental revenue earned by selling one more unit of a good or service.

Prices

The financial requirement for buying a good, service, or asset.