Process Engineers at Starbucks Investigate Methods to Reduce the Time

question 86

Multiple Choice

Process engineers at Starbucks investigate methods to reduce the time to roast coffee beans and to better preserve their flavor.This is an example of the ________ or the ________ functions of the value chain.

• A)research and development; production
• B)design of products,services or processes; production
• C)production; engineering
• D)research and development; design of products,services or processes

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Definitions:

General Agreement on Tariffs and Trade

An international treaty that was aimed at reducing tariffs and other trade barriers to promote international trade; it was the precursor to the WTO.

Trade Restrictions

Measures imposed by governments to limit or control international trade, such as tariffs, quotas, and embargoes.

Retaliation

Actions taken in response to an offense or wrongdoing, often seen in international trade policies as countermeasures to tariffs.

Trade War

A situation where countries impose tariffs or other trade barriers against each other in response to disputes, which can lead to decreased international trade.