Which of the following concepts allows for the customization of products that are produced in high volume?
a. Mass differentiation
b. Mass customization
c. Mass assembly
d. Mass processing
b. Mass customization
You might also like to view...
At Bremond Stafford Architects, a group of designers are developing the first drawings for a proposed multiuse development section of a large city that is being revitalized. What type of work team is this group?
A. Project team B. Production team C. Product team D. Action team E. Advice team
Which type of behavior sustains customer relationships rather than destroying them?
A. Hot button behavior B. Assertive behavior C. Judgmental behavior D. Aggressive behavior
Ann Arbor Division of the Michigan Company has the following statistics for its most recent operations: Assets available for use (Market Value) $3,600,000 Assets available for use (Book Value) $2,000,000 Ann Arbor Division's return on investment 25% Ann Arbor Division's residual income 200,000 Return on investment (entire Michigan Company) 20% Refer to Michigan Company. If Michigan Company
evaluates its managers on the basis of return on investment, the manager of Ann Arbor Division would invest in a project costing $100,000 only if it increased net segment income by at least a. $10,000. b. $15,000. c. $20,000. d. $25,000.
Most financial statement analysis explores some aspect of a firm's
a. profitability, only. b. risk, only. c. value, only. d. profitability, or its risk, or both. e. employee turnover.