________ is the production of both high-volume and high-variety products at the same time.

A. Lean manufacturing
B. Large batch technology
C. Mass customization
D. Continuous process technology
E. Just-in-time production


Answer: C

Business

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A measure of profit produced above the cost of capital is referred to as ___________________________________

Fill in the blank(s) with correct word

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What goals are long-term goals set into the future?

a. Behavioral b. Operational c. Implementation d. Performance

Business

Rajesh Chakrabarti is in the process of creating, pricing, distributing, and promoting a new app to facilitate satisfying exchange relationships with customers and to develop and maintain favorable relationships with stakeholders in a dynamic environment. Rajesh is engaging in

A. advertising. B. selling. C. marketing. D. target marketing. E. disruption.

Business

A legal reserve in life insurance is a result of

A) premium taxes payable by life insurance companies being postponed during the early policy years. B) dividends being paid to policyholders. C) inadequate premiums in the early policy years being subsidized by investment earnings. D) excess premiums in the early policy years being invested at compound interest.

Business