ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following outputs is considered an industrial good:
A
A freezer purchased by a restaurant owner
B
A gallon of milk purchased by a family
C
A textbook purchased by a college student
D
A sewing machine purchased for home use
Explanation: 

Detailed explanation-1: -The routing decides the path and sequence of operations to be performed on the job from one machine to another. The purpose of routing is to establish the optimum sequence of operations so that the manufacture of the finished item is performed at the lowest cost and the fastest time.

Detailed explanation-2: -( ) Control Limits are the same are Specifications Limits ( ) Pareto chart provides corrective action for high-frequency causes of problems( ) Cause-and-effect diagram (also called Ishikawa or fishbone diagrams): Identifies many possible.

There is 1 question to complete.