Answer:
Mass customization
Explanation:
Mass customization can be defined as the way in which a company or an individual produce large or mass amount of product that meet their customers wants and needs and this is happen when the company or the organisation identify the individual needs of all their customers and provide tailored products and services thereby offering the customers a range of features they can either add or subtract.
Therefore In MASS CUSTOMIZATION it is important for the company or organisation to focus on developing variety of unique mass products that will satisfy their customers needs and by doing this it will lead to higher or greater retention of their customers reason been that the products have options which are tailored to personal tastes of the customers .
It should be noted that a country that relies on the pragmatic nationalist view would state that international production should be based on theory of comparative advantage.
<h3>What is comparative advantage?</h3>
Comparative advantage simply means the ability of an economy to produce goods that has a lower opportunity cost than it's partners.
In this case, country that relies on the pragmatic nationalist view would state that international production should be based on theory of comparative advantage. This is to ensure efficiency.
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Answer:
The net working capital is -$4600.
Explanation:
Use the below formula to calculate net working capital:
Net working capital = Total current assets – Total current liability
Total current liability = $6100
Total current asset = increase in inventory –decrease in account reciveable
Total current asset = $2800 – 1300
= $1500
Now, Net working capital = Total current assets – Total current liability
Net working capital = $1500 – $6100
= - $4600
Thus, net working capital is -$4600.
Answer:
The correct answer is: choosing output level where price equals marginal cost.
Explanation:
Since the market for wheat is competitive, the farmers cannot determine the price on their own, they have to take whatever price is determined by the market forces.
In a perfectly competitive market, the seller will be able to maximize profit at the point of output where the price of the product is equal to the marginal cost of production of the last unit of output.
So the wheat farmer will maximize its profit by choosing output where the price of wheat equals the marginal cost of producing the last unit of wheat.
There are several types of disagreeing messages and these are the following:
1. Argumentativeness
2. Complaining
3Aggressivenessss
And the example of which is <span>“you never take out the garbage unless I ask you three times” is an example of "Complaining type of disagreeing messages".</span>