Mass customization serves individual needs.
Answer the following statement true (T) or false (F)
True
A wide variety of companies are now looking for innovative ways to serve smaller segments of customers by using mass customization-tailoring the principles of mass production to meet the unique needs of individual customers.
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Many global executives believe that diversity:
a. Is crucial for many organizations b. Is a legal requirement c. Is costly d. Is not worth the additional result in conflict
For the franchisor, the capital required to expand a venture quickly is more than it would be without franchising.
Answer the following statement true (T) or false (F)
Government is one of the smallest groups (in sales volume) of customers in the United States.
Answer the following statement true (T) or false (F)
If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay with 10 equal annual end-of-the-year payments of $14,902.95, then you have just repaid what type of loan?
A) Amortized loan B) Interest-only loan C) Discount loan D) Compound loan