The correct answer is mass customization. Mass customization
is defined as a manufacturing and marketing technique by which they mix or
combine the personalization and flexibility in terms of the products that are
custom made and associated with the mass production.
Answer:
Here, Kevin is an entrepreneur.
Explanation:
- An entrepreneur is someone who has creative ideas that identifies the need of the society and uses the opportunity to earn profit.
- There is no specific age for entrepreneurs. Creativity, thirst for work, optimism are some characteristics of entrepreneurs.
- They are very curious, optimistic and opportunistic. They train their minds to find solution to problems in the surrounding.
- Here, Kevin used his own ideas and identified the need for business in graphic design and started a graphic design business evaluating its risks and benefits. SO, he is the entrepreneur.
Answer:
Reduced demand and increased supply leading to reduced equilibrium and approximation rates.
And it could also lead to an unpredictable effect or impact on the equilibrium quantities of laser eye surgery.
<span>The challenges of the use of images in christian worships. Then the most important is living a christian life in a wordly society in their life. Then the punishment of sins is the important challenge of their life. The last one thing is the parable of the good samaritan.</span>
Answer:
It is more profitable to upgrade the calculators.
Explanation:
Giving the following information:
The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $140,000, they can be sold for a total of $200,000. As an alternative, the calculators can be sold in their present condition for $50,000.
We need to determine whether it is more convenient to upgrade the calculators or sell them as they are.
Upgrade:
Effect on income= 200,000 - 720,000 - 140,000= -$660,000
Not upgrade:
Effect on income= 50,000 - 720,000= -$670,000
It is more profitable to upgrade the calculators.