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Multiple Choice QuestionThe term "_____" implies a firm that makes tangible products.Multiple choice question.operationstechnologymanufacturerservice provider

Question

Multiple Choice Question

The term "_____" implies a firm that makes tangible products.

  • operation
  • technology
  • manufacturer
  • service provider
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Solution

Break Down the Problem

  1. Identify the key term: The question refers to a type of firm.
  2. Understand the context: The firm makes "tangible products."

Relevant Concepts

  1. Definitions of the options:
    • Operations: Processes or activities involved in producing goods and services.
    • Technology: The application of scientific knowledge for practical purposes, which may or may not involve tangible products.
    • Manufacturers: Firms that produce goods, specifically tangible products that can be touched and measured.
    • Service Provider: Firms that offer intangible services rather than tangible products.

Analysis and Detail

  1. Given that the question specifically asks for a firm that makes tangible products, we can eliminate "operations," "technology," and "service provider" as these do not focus on the production of physical items.
  2. "Manufacturers" clearly aligns with the description provided in the question.

Verify and Summarize

  1. The definition of a manufacturer corresponds with the requirement of making tangible products.
  2. Other options do not fit the definition in the context of tangible production.

Final Answer

The term "_____” implies a firm that makes tangible products: manufacturers.

This problem has been solved

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