Answer:
The economic incentive was to produce enough to meet the output target, without regard for quality or cost.
Explanation:
As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.
A manager is known to be a person that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.
<h3>What are the types of
organizational structures?</h3>
An organizational structure is known to be a system that states out how the activities in a firm are directed so as to achieve the goals of the firm.
There are four types of organizational structures. They are;
- Functional
- Divisional
- Flatarchy
- Matrix structures.
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Answer:
b. Product Customization
Explanation:
In the bicycle industry, the feel of high-end bicycles when they are ridden is important. As a serious rider becomes accustomed to a particular bicycle, it is very difficult for that rider to switch to an alternative supplier. This is an example of product differentiation through product customization. Product customization can be defined as it is the process where company tailor each and every single product according to the needs and wants of every single individual customer. Every customer can customize each and every single feature and option present in the product according to his or her desire. For example, when you but Dell laptop from their web store, you can customize your laptop where you can select processor, model, screen, speakers, keyboard, hard drive, motherboard of your own choice.
The answer is "<span>Refer to Fact Pattern 16-1. Between Grain and Hearty, there is a</span><span> written contract".
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An agreement is a verbal or written consent to do work in return for some advantage, for the most part an payment. A written contract is an agreement made on a printed record that has been marked by both the moneylender and the borrower. Composed contracts are lawfully official and less demanding to implement than oral contracts.
