GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are characteristics of a manufacturing business? (select all that apply)
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Create tangible products
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Can be stored
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Lots of customer input
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Production and consumption generally occur at the same time
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Little customer involvement
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Explanation:
Detailed explanation-1: -The next characteristic of a manufacturing company is production costs include raw material costs, labor costs, and factory overhead costs (BOP). The cost of raw materials is the cost of using raw products as the main material which then goes through the production process stage.
Detailed explanation-2: -Casting and molding. Machining. Joining. Shearing and forming.
Detailed explanation-3: -Repetitive manufacturing. Discrete manufacturing. Job shop manufacturing. Process manufacturing (continuous) Process manufacturing (batch)
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