Asked by Isaac Rojas on May 08, 2024
Verified
The insufficient capacity of a company's plant asset to meet the company's productive demands is called ________.
Insufficient Capacity
A situation where a firm cannot meet the demand for its products or services due to limitations in its production or service capabilities.
Plant Asset
Long-term tangible assets used in the production and sale of goods and services, such as machinery and buildings.
Productive Demands
The requirement for goods and services based on their use in producing other goods and services.
- Acknowledge the influence of obsolescence and shortfall on the value of plant assets.
Verified Answer
SO
Learning Objectives
- Acknowledge the influence of obsolescence and shortfall on the value of plant assets.