Author Question: Which of the following is an advantage of mini-mills over vertically integrated giant mills? a. The ... (Read 134 times)

Mimi · **on:** Jun 30, 2018

Which of the following is an advantage of mini-mills over vertically integrated giant mills?
a. The small size of mini-mills ensures economies of scale in steel production.
b. The small furnaces used in mini-mills depend less on coal and more on electricity.
c. The mini-mills do not require integration of casting and milling activities.
d. The small furnaces used by mini-mills can be operated as per the producer's will.

Question 2

Forms of commitments include
A) warranties.
B) guarantees.
C) advertising expenditures.
D) all of these choices are forms of commitments.