Answer:
b) are processes that are specialized for relatively few products or customer groups.
Explanation:
As the name suggests these are focused specifically for some products and not for all of the products manufactured by a company. These processes promote the product specification details, by advancing the processes of manufacturing more specific.
These are majorly used for customer specified products, generally identical products. In which no two products are similar in nature. And accordingly, these help in maximum customer satisfaction.
The origination of a product doesn't really matter when the company's brand plays an important role in the improvement of sales.
A brand refers to the business concept or the marketing concept that's used by people to identify a product. A brand is important as it makes one unique from other companies.
The fact that the brand of Red Bull is Austrian but has a strong Thai influence can't have a negative effect on the sales or the revenue of the company since the brand is well-known and has an international customer base.
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The correct answer is C. Time draft
Explanation:
In trade, a time draft is a document that acts as credit, this means the buyer of the product can get the product and pay it after a certain amount of time, which is stipulated through the draft. Moreover, this draft is accepted by both the buyer and the seller, and it is most commonly used in international trade. This type of draft is the one used in the case presented because the payment will occur in the future rather than immediately as it occurs in other types of drafts such as a sigh draft or in regular trade drafts. Also, in this case, the buyer obtained the good (oil painting) before payment occurs and the draft acts as a promise of paying.
<span>This system uses what is called career-banding. This system identifies employee competencies, reduces the number of job titles and simplifies the management process. It also allows and employee to move within their pay range while allowing managers to have a say in compensation and will hold them accountable to their decisions.</span>
