A Business May Prefer to Make a Product That It

question 10

Multiple Choice

A business may prefer to make a product that it could subcontract at a cheaper price because:

• A)they may be concerned that having gained their business, the subcontractor could increase the price charged.
• B)by subcontracting the business, they may find supply is less reliable.
• C)by subcontracting the business, they may lose control over quality.
• D)all of the above.

Understand the concepts and applications of break-even analysis.

Grasp the strategies for increasing capacity and managing bottlenecks.

Distinguish between different types of capacities such as design, effective, and expected output.

Recognize the importance of the theory of constraints in operational effectiveness.

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Definitions:

Systolic Blood Pressure

The top number in a blood pressure reading, indicating the pressure in the arteries when the heart beats.

Inefficient Contraction

Inadequate tightening or shortening of muscle fibers, often referring to the heart muscle, which impairs the heart's ability to pump blood effectively.

Peripheral Pulse

The pulse felt at points on the body where arteries are close to the skin, such as the wrist or neck, indicative of the heartbeat and blood circulation efficiency.

Manual Blood Pressure

The measurement of blood pressure using a cuff, sphygmomanometer, and stethoscope, typically performed by a healthcare professional.