Which of the following statements about goods is FALSE? Question 1 options:

a. Goods-producing employees require strong technical and production skills.

b. Goods-producing firms use physical inventory.

c. Goods-producing firms focus on the flow of people, information, and services.

d. Goods-producing facilities must be located close to raw materials, suppliers, and laborers.

Question

Business

Steven Mills

3 July, 10:34

Which of the following statements about goods is FALSE? Question 1 options:

a. Goods-producing employees require strong technical and production skills.

b. Goods-producing firms use physical inventory.

c. Goods-producing firms focus on the flow of people, information, and services.

d. Goods-producing facilities must be located close to raw materials, suppliers, and laborers.

+2

Answers (1)

Know the Answer?

Moran · Answer 1

C) Goods-producing firms focus on the flow of people, information, and services.

Explanation:

Goods-producing firms not necessarily needs to focus on the flow of people, information, and services, what is true is that firms use physical inventory because it's necessary to have available products to sale.

The facilities must be located close to raw material, suppliers, and labores if not the company will see the cost of sale increased by logistic costs.

Also it's important to have employees with strong technical and production skills so the company can get well products at the production line.