The Process of Producing Large Quantities of Items as a Group

question 69

Multiple Choice

The process of producing large quantities of items as a group before they are transferred to the next operation is known as _____.

• A) batching
• B) outsourcing
• C) reshoring
• D) offshoring

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Definitions:

Full Amount

The complete or total sum of money required or specified, without deductions.

Ratify Contracts

The formal approval or confirmation of a contract, making it officially valid.

Principals

The main parties involved in a transaction or contract, typically who have the primary responsibility and interest in the agreement.

Agents

Individuals or entities authorized to act on behalf of another, known as the principal, in business transactions or negotiations.