Briefly explain mass customization
What will be an ideal response?
Mass customization is the process by which firms interact one-to-one with masses of customers to design products and services tailor-made to individual needs.
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Thirty-six percent of the students in a management class are graduate students. A random sample of 5 students is selected. Using the binomial probability function, determine the probability that the sample contains exactly 2 graduate students? (Round to four decimal places.)
What will be an ideal response?
Apple Inc.'s strongly implanted corporate culture has a powerful influence on the behavior of its personnel with the exception of
A. over time people who do not like the culture tend to leave. B. management expectations and co-worker peer pressure cause employees to conform. C. a strong leader that uses coercion and the threat of punishment to enforce norms. D. most corporate personnel have acknowledged and accepted the cultural traditions. E. over time achieving low workforce-turnover is a catalyst for conformity and acceptance.
You have decided to borrow stock from your broker, sell it in the market, and then (you hope) replace the borrowed shares when the price drops in the future. This is an example of
A) borrowed selling. B) selling short. C) reverse hedging. D) IOU trading. E) none of the above.
The Accessibility Wizard includes features which allow a visually impaired person to customize all of the following except
(a) their mouse cursor. (b) icon size. (c) color settings. (d) desktop patterns.