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Aloiza [94]
3 years ago
5

What is the ability of an organization to tailor its products or services to the customer's specifications?

Business
1 answer:
kap26 [50]3 years ago
6 0

Answer:

Mass Customization

Explanation:

Mass Customization -

It is a manufacturing and marketing strategy ,

where huge range of services and products are altered or changed according to the likes and dislikes of the customers , is referred to as mass customization.

It is also known as built - to - order and made - to - order.

These type of method are used in order to increase the sale of the goods and service , by modifying the goods according to the customers satisfaction.

Hence , from the question,

The correct term is mass customization.

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Dominique, an executive chef in a large hotel, recently attended a training conference sponsored by several top professionals in
gavmur [86]

Answer:

The correct answer is letter "B": learning.

Explanation:

Learning organizations are those that share and use knowledge in such a way that all their members, without exception, can take advantage of it to face changes. Learning organizations promote constant training and the spread of information across all their layers.  

Learning organizations also look for developing employees' skills, incentivize a shared vision, foster teamwork, and generate systemic thinking to understand all the aspects of the institution.

3 0
3 years ago
The most complex level of culture is the culture trait.
xeze [42]

Answer:

False.

Explanation:

Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.

So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

5 0
3 years ago
Many politicians have degrees in business or law. true or false?
Andrei [34K]

The answer is mostly True.

4 0
4 years ago
Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is trea
mel-nik [20]

Answer:

$74.63 per share

Explanation:

The computation of the value of preferred stock is shown below:

As we know that  

Value of the preferred stock = Annual dividend rate ÷ Returns on the stock

where,

Dividend on the preferred stock = Dividend rate × Par value

= 11% × $100

= $11

And, the return is 14.74%

So, the value of the preferred stock is  

= $11 ÷ 14.74%

= $74.63 per share

6 0
4 years ago
Towson Corp., was organized on January 2, 2018. During the first year of operation, Towson issued 50,000 shares of $9 par value
Naya [18.7K]

Paid in Capital Common Stock in Excess to par = (35-9)*50,000=1,300,000

Paid in Capital Common Stock in Excess to par is the difference between the par value of the share and the market value or fair value it was sold at, in this case the par value per share was 9 and market value was 35 , there fore we multiplied their difference by 50,000 to get the total difference.

Explanation:

3 0
3 years ago
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