Which One of the Following Statements on the Concept of Focused

question 110

Multiple Choice

Which one of the following statements on the concept of focused factories is BEST?

• A)emphasizes economies of scale,rather than diseconomies of scale
• B)prefers larger facilities producing all of the products or services the company offers
• C)reduces the range of demands placed on an operation so management can concentrate on fewer tasks
• D)emphasizes flexibility rather than cost

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Definitions:

Willing Lenders

Individuals or institutions that are prepared to provide loans or financing to others, expecting to earn interest or receive financial returns.

Earmarks

Narrow, specially designated spending authorizations placed in broad legislation by senators and representatives for the purpose of providing benefits to firms and organizations within their constituencies. Earmarked projects are exempt from competitive bidding and normal evaluation procedures.

Authorized Expenditures

Expenditures that are officially approved or sanctioned by an authoritative body or individual, often within an organizational or governmental context.

Narrow Specifically

Focusing or specializing in a very specific or narrow area or topic.