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skelet666 [1.2K]
3 years ago
10

A large quantity and large variety of products are produced in

Business
1 answer:
Alecsey [184]3 years ago
3 0
I believe your answer is:

mass customization
You might be interested in
The main advantage of diversification as an investment policy is that it
Lera25 [3.4K]

Answer:

Minimising risk of loss

Explanation:

One of the most significant values of investment is to guarantee that you have a extended portfolio. The key advantage of constructing a portfolio is that it helps in Limiting danger of misfortune. If one venture performs ineffectively over a specific period, different speculations may perform better over that equivalent period, decreasing the potential misfortunes of your venture portfolio from concentrating all your capital under one kind of speculation.

4 0
3 years ago
"Discuss the financial and operational implications for airlines as they try to offer the newest technology services?"
Oksana_A [137]

Answer with Explanation:

The introducing of newest technology would definitely have financial and operational implications. These implications are given as under:

Financial implications

  • Cost Reduction: The operational costs would be reduced by investing in the newest technology which will make the cash flow position better with time.
  • Benefits Lost Risk: It is possible that the investment might not bring value to the company because of any emergent problems, whose mitigation requires incurring of additional costs.
  • Cost Advantage: The lower operational cost can drive higher sales because the company will be charging lower fare prices to its customer thus giving Cost Advantage.
  • Investing in newest technology might not bring value to the company because it is not attracting potential customers but it might pay off later in the form of developed customer loyalty.

Operational implications

  • Implementing a newest technology might improve the operational processes through which the customer go through, which would increase the customer satisfaction.
  • Implementation problems of newest technology.
  • Long term Customer retention will easy for the airline company due increased customer satisfaction.
  • Operational efficiencies related to services will process the customer fastly saving the companies precious time wasted in these process thus reducing the future human resource cost.
  • Using robots might bring adverse marketing because the people might think that the human resource are no more required and risks associated with the acceptance of technology due to cultural differences.
  • Better Security systems would increase the security level and safety levels for the customers.
7 0
3 years ago
The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g
Lunna [17]

Answer:

the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Using the cross product rule

$3850    : 70

x          :   100

x= $3850*100/70= $ 5500 are Direct LAbor Costs

Direct Materials= Finished Goods - overhead applied -Direct Labor Costs

  Direct Materials             =$11,600- $3,850- $5500

And Direct Materials are = $2,250

5 0
3 years ago
On July 1, 2018, Tony and Suzie organize their new company as a corporation, Great Adventures Inc. The following transactions oc
Musya8 [376]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
8 0
3 years ago
Bernard loves to socialize and is great at debating. His high grades in school meant that he could attend Law School, but he dec
d1i1m1o1n [39]
Planned system and mixed system
6 0
3 years ago
Read 2 more answers
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