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deff fn [24]
3 years ago
14

A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product

designs and production processes, is called: Multiple Choice Continuous improvement. Customer orientation. Just-in-time. Theory of constraints. Total quality management.
Business
1 answer:
Anna71 [15]3 years ago
8 0

Answer: The answer is Customer Orientation.

Explanation:

Customer orientation is defined as the process whereby companies focus on determining all the needs of their customers, even as the needs change, in order to be able to design their products and services to meet the dynamic needs of their customers.

Customer orientation is important because it helps to identify customers' real needs, and satisfy them better than competitors. This is a guarantee that a company will retain its customers.

You might be interested in
___________ is the current strategy for many manufacturers where a company produces a large quantity of items but customizes the
givi [52]

Answer:

mass customization

Explanation:

As it names says , companies will produce a large amount to customized product. This is implies higher cost but it helps for differentiation.

7 0
3 years ago
ou are a producer of cold medicine. Last month, a flood at your factory eliminated 50% of your firm’s production capability. At
Scilla [17]

Answer:

The flood shifts the supply to the left.

The increase in healthcare costs shifts the supply curve to the left.

Explanation:

An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.

A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.

6 0
3 years ago
What is the best explanation for the slope of the keynesian zone of the aggregate supply curve?
Bond [772]

An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.

The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.

The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.

The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.

Learn more about Keynesian at

brainly.com/question/1171653

#SPJ4

8 0
2 years ago
Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on
kolbaska11 [484]

Answer:

The answer is

Dr: Notes Receivable $4,800

Dr: Interest Receivable $120

Cr: Sales $4,920

Explanation:

The yearly interest rate is 10%

So the interest rate for 90 days(assume 360 days make a year?

90/360 x 10%

2.5% is the interest rate for 90 days.

The interest payment for 90 days will be;

2.5% x $4,800

= $120

The entry will now be:

Dr: Notes Receivable $4,800

Dr: Interest Receivable $120

Cr: Sales $4,920

3 0
3 years ago
1. Identify various production processes and
rewona [7]

Answer:

D

Explanation:

8 0
3 years ago
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