1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Daniel [21]
4 years ago
13

Is there a trade-off between standardization and innovation? how are the two related in most companies?

Business
1 answer:
Dmitry_Shevchenko [17]4 years ago
5 0
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
You might be interested in
How do long term goals differ from short term goals
Lyrx [107]

Short term goals are anywhere from one week, to less then one year to complete. Long term goals are something that takes you a year or more to complete

5 0
3 years ago
Read 2 more answers
More than 99% of all U.S. firms are classified as small businesses, and they employ about half of private workers. A small busin
V125BC [204]

Answer:

A

Explanation:

5 0
3 years ago
Lindsey needs a car to get back and forth from her home in the city to her university, which are 4 miles apart. When shopping fo
Brilliant_brown [7]

Answer:

Impulse Buying

Explanation:

She isn't thinking about the long term effects of her purchase, like the repayments, but is instead thinking about her short term gain.

5 0
3 years ago
A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic
Valentin [98]

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

6 0
3 years ago
Consider the all-units quantity discount schedule below. Quantity Ordered Price Per Unit EOQ at that Price 1-499 $300 952 500-99
UkoKoshka [18]

Answer: B. 1023, 1500, 2000}

Explanation:

The Optimal solution should contain the set of quantities that would require the lowest no. of orders to achieve a discount in a class.

1,023 is quite close to the lowest amount required of 1,000 in the 1,000 to 1,499 range.

So are 1,500 and 2,000.

Option D can also work but it has too many order quantities and will inflate the price.

The Optimal Solution therefore has to be from this option.

5 0
3 years ago
Other questions:
  • Eugene Wright is CFO of Caribbean Cruise Lines. The company offers luxury cruises. It's near year-end, and Eugene is feeling kin
    10·1 answer
  • What are some stories that u motivated ur friend not to do
    9·1 answer
  • ?fournotts printing inc. manufactures and sells photocopiers, printers, and scanners to various corporate offices. this is an ex
    10·1 answer
  • What is the total amount of adjustments on evies tax return
    13·1 answer
  • How much does it cost to send a letter to russia from the usa?
    15·1 answer
  • Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two,
    13·1 answer
  • Ben set up an elaborate scheme to mine gold in the Rockies. He had a large town meeting and sold stock in his company for only $
    10·1 answer
  • The following graph shows the supply curve for a group of students looking to sell used smartphones. Each student has only one u
    7·1 answer
  • A land grant university has upgraded its Course Management System (CMS), integrating the system throughout all of its main campu
    8·1 answer
  • converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!