_____ Processes Are Organized Around Particular Types of General-Purpose Equipment

question 62

Multiple Choice

_____ processes are organized around particular types of general-purpose equipment that are flexible and capable of customizing work for individual customers

• A) System
• B) Job shop
• C) Flow shop
• D) Continuous flow

Understand key strategies proposed by economists to alleviate poverty.

Recognize how businesses contribute to poverty alleviation.

Identify characteristics and challenges faced by the poor.

Understand the implications of targeting the poor as a consumer base.

---

Definitions:

Cash Flow

Cash flow refers to the net amount of cash and cash-equivalents being transferred into and out of a business.

Question Marks

Products or businesses that operate in high-growth markets but have low market share, often requiring significant investment to improve their position.

Market Share

The segment of a market held by a certain company or product.

Market Growth

An increase in the demand for a particular product or service over time, which can be influenced by factors like changes in consumer preference, population growth, and technological advancement.