Henry Ford Is Noted in Business History for Introducing the Moving

question 12

Multiple Choice

Henry Ford is noted in business history for introducing the moving assembly line,which greatly reduced the cost of producing a car.Assembly lines first became common during the _____.

• A)relationship era
• B)marketing era
• C)era of industrial revolution
• D)production era

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Definitions:

Operating Income

Income generated from the regular business operations of a company, excluding items such as investment income, interest expense, and other non-operational income or expenses.

Intra-Entity Transfers

Refers to the transfer of goods, services, or resources between units within the same entity.

Goodwill

The intangible asset that represents the excess value of a company beyond its physical assets and liabilities, often arising from acquisitions.

Tax-Free Transaction

A financial transaction that does not result in a tax liability for any of the parties involved.