Review

2. Factors that need to be considered when calculating the optimal level of stock
5. outsourcing outside the home country
6. unpredictable event occurs and threatens to harm the organizations and its stakeholders
7. Measure of the efficiency of production
9. help improve quality BUT still you need to innovate
12. Existing transport networks for people and products
13. technical development of products or processes
15. legal right of the owner of intellectual property
16. an innovation so important that it may change the industry itself
17. how efficient the facility is
19. a natural event such as a flood, earthquake, or hurricane that causes great damage or loss of life.
20. is developing responses in advance for various situations that might impact business

1. building from many components and building something bigger (TVs, cars)
3. an innovation in the use or perception of a new product or service
4. buying large quantities of raw material and turning them into smaller end products (paper mills, slaughterhouses)
8. occur due to certain acts on the part of workers.
10. an unfortunate incident that happens unexpectedly and unintentionally, typically resulting in damage or injury.
11. wide system of connected organizations, information, resources, and operations
14. granting of a property right by a sovereign authority to an inventor
18. The practice of employing another business to perform some peripheral activities