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Author Question: Identify a true statement about the production era. A) Major businesses focused on shifting the ... (Read 59 times)

Tazate

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on: Jul 14, 2018
Identify a true statement about the production era.
 A) Major businesses focused on shifting the balance of power from producers and toward consumers.
  B) The method of hard sell was eliminated.
  C) The assembly line became standard across major manufacturing industries.
  D) Leading-edge firms looked beyond each immediate transaction with a customer and aimed to build a long-term relationships.

Question 2

Describe trading companies. What is an important function of trading companies?


aruss1303

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Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

A trading company provides a link between buyers and sellers in different countries but is not involved in manufacturing or owning assets related to manufacturing. A trading company buys products in one country at the lowest price consistent with quality and sells to buyers in another country. An important function that trading companies provide is taking title to products and performing all the activities necessary to move the products from the domestic country to a foreign country.


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Tazate

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Reply #2 on: Jul 14, 2018
Correct answers!


aruss1303

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Reply #3 on: Jul 14, 2018
Great! Please up vote :D


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