Answer: The AIA® billing system is a standardized method of construction percentage of completion contract billing (IE: Progress Billing) developed by the American Institute of Architects (AIA) in 1992
Explanation:
Answer:
<em><u>E.</u></em><em><u> </u></em><em><u>mass </u></em><em><u>customization</u></em>
Explanation:
<em>Mass </em><em>customization </em><em>is </em><em>the </em><em>process </em><em>that </em><em>allows </em><em>a </em><em>c</em><em>ustomer </em><em>to </em><em>personalize </em><em>certain</em><em> </em><em>features</em><em> </em><em>of </em><em>a </em><em>product</em><em> </em><em>while </em><em>still</em><em> </em><em>keeping</em><em> </em><em>cost</em><em>s</em><em> </em><em>at </em><em>or</em><em> </em><em>near</em><em> </em><em>mass </em><em>production</em><em> </em><em>prices.</em>
Answer:
customer excellence
Explanation:
The night clerk is not in charge of looking for dry cleaners, he is not Maria's personal assistant nor does he own or operate a dry cleaning service. So the fact that he did more than his job requires him to do, exemplifies how Ritz-Carlton's employees are committed to providing excellent customer service. That small extra effort can really make a difference.
Answer:
As with all probability sampling methods, simple random sampling allows the sampling error to be calculated and reduces selection bias. A specific advantage is that it is the most straightforward method of probability sampling.
Natural monopoly tends to serve a whole market exclusively.
<h2>What is Natural Monopoly?</h2>
A natural monopoly is a sort of monopoly that frequently arises as a result of the high start-up costs or considerable economies of scale of operating a business in a particular industry, which can result in significant barriers to entry for potential competitors. In a certain sector or region, a corporation with a natural monopoly might be the exclusive supplier of a given good or service. In industries that need specialized technology, raw materials, or other elements to function, natural monopolies may develop.
<h3>Key Features of Natural Monopoly</h3>
- A natural monopoly is a special kind of monopoly that develops when there is only one company that can effectively provide the service in a particular area due to high start-up costs and considerable economies of scale.
- A business with a natural monopoly may be the exclusive supplier of a good or service in a given sector or region.
- Natural monopolies are permitted when one firm can provide a good or service for less money than any potential rival, but they are frequently very tightly controlled to safeguard consumers.
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