Author Question: The top management of the company contends that Hafstrom would benefit most from manufacturing its ... (Read 53 times)

schs14 · **on:** Jul 7, 2018

The top management of the company contends that Hafstrom would benefit most from manufacturing its own parts, rather than sourcing it from elsewhere, even if they are made at another location overseas.

Which of the following is being recommended in this approach?
A) just-in-time manufacturing
B) location economies
C) vertical integration
D) outsourcing

Question 2

Which of the following was an advantage of the gold standard?

A) It retained trade imbalances.
B) It abolished monetary policies on all countries.
C) It reduced the risk in exchange rates.
D) It increased exchange-rate fluctuations.