0
What else can I help you with?
What is it called when you produce many products efficiently and cheaply?
The process of producing many products efficiently and cheaply is called "mass production." This manufacturing approach utilizes standardized processes, assembly lines, and economies of scale to reduce costs and increase output. By optimizing production techniques, companies can produce large quantities of goods while maintaining quality and minimizing expenses.
How did inventions in the late 1800's affect productivity of businesses?
it allowed business to produce more products in the night time
Which economic systems has the greatest degree of competition?
Perfect competition. (Many small firms that produce similar products; buyers and sellers have good knowledge of the businesses)
When trying to decide what to produce businesses will look at the demand for their goods.?
When trying to decide what to produce, businesses will look at the demand for their goods.
What is labor specialization?
Specialization of labor is a powerful force in an economy, benefiting small and large businesses alike. Workers produce more when they occupy specialized roles, so businesses can offer higher quality products at lower prices.
What do you mean by industries?
Businesses that produce products or services at home
Why did the people build factories?
To move out from small workshops and houses into huge buildings where people saw the opportunity to produce products quickly and cheaply. The owners employed people cheaply and the majority were children.
What regulation was established in 1972 to ensure that business take responsibility for the products they produce?
In 1972, the Resource Conservation and Recovery Act (RCRA) was established in the United States to ensure that businesses take responsibility for the products they produce, particularly in terms of waste management and environmental protection. This regulation set guidelines for the proper handling, storage, and disposal of hazardous waste, emphasizing the need for companies to manage their products throughout their lifecycle. Additionally, the act aimed to promote recycling and resource conservation, holding businesses accountable for their environmental impact.
What is it called when you produce many products efficiently and cheaply?
The process of producing many products efficiently and cheaply is called "mass production." This manufacturing approach utilizes standardized processes, assembly lines, and economies of scale to reduce costs and increase output. By optimizing production techniques, companies can produce large quantities of goods while maintaining quality and minimizing expenses.
What does mass produce?
to produce a lot of goods cheaply using machines in a factory
What does mass-produce mean?
to produce a lot of goods cheaply using machines in a factory
How did inventions of the late 1800s affect the productivity of businesses?
it allowed business to produce more products in the night time
When was Pioneer Electronics established?
The company Pioneer electronics was established in 1938, this company has been going for a long time thanks to the good quality of the products they produce.
How did inventions in the late 1800's affect productivity of businesses?
it allowed business to produce more products in the night time
How has expansion of the global market encouraged supply-chaining?
Businesses look for the cheapest, easiest way to produce and deliver products.
What type of products do Enclume produce?
The type of products produced by the restaurant "L'Enclume" are modern British meals. The restaurant has 2 Michelin stars and was established in 2003.
What products did Cuba produce that attracted American businesses Was it.... Coffee and Sugar Coffee and Oil Sugar and Tobacco Sugar and Oil?
Coffee and Sugar
