Mass customization is usually appropriate in situations where there is the potential for delaying the task of differentiating the product for a particular customer until the last possible point in the supply network.

Answer the following statement true (T) or false (F)


True

Mass customization is usually appropriate in situations where it is feasible to delay differentiating the product for a particular customer until the last possible point in the supply network. This typically requires that the company reconceptualize the design of its product as well as the design and integration of the processes used for producing and delivering the product to customers. In practice, this means reconceptualizing and often reconfiguring the company's entire supply chain. But the benefits of such a comprehensive approach to operations are that the company will be able to function at maximum efficiency and to rapidly respond to customers' needs, while maintaining a minimum level of inventory.

Business

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Which statement describes an approach that is most appropriate for training employees from cultures high in uncertainty avoidance?

A. Trainers emphasize trainees' relationships with one another. B. Trainers allow trainees to determine the pace of the programs. C. Trainers provide a formal instructional environment. D. Trainers are flexible and open to schedule and activity changes. E. Trainers adopt an impromptu style of instruction.

Business

Some customers inevitably become inactive or drop out. The challenge for marketers is to reactivate them through ________ strategies

A) win-back B) retention C) defection D) sell-out E) recuperation

Business

Duress is a situation in which one party threatens to do a wrongful act unless the other party enters into a contract.

Answer the following statement true (T) or false (F)

Business

Assume that a quiet, young, loving couple that is three years out of college with one small child lives in a subdivision home, but is disturbed nightly by the activities of the neighbors. These activities include a loud stereo playing very undesirable

music; many cars coming and going at all hours of the night, many of which squeal their tires; loud voices in the middle of the night, both in front and in back of the neighbor's home; and vulgar epithets shouted day and night. Further, the neighbors neglect to remove litter of all kinds (automobile parts, papers, boxes, jars, etc.) from their front and side yards. What economic consequences are involved, and what legal remedies does the young couple have?

Business