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kari74 [83]
2 years ago
6

The Spokes Bikes makes 18 bicycle models in more than 2 million combinations, with each combination designed to fit the needs of

a specific customer. The customer chooses the model, size, color, and design. An analysis of this company's operation would indicate that it uses:
A. lean manufacturing.
B. flexible production.
C. mass customization.
D. continuous production.
Business
2 answers:
creativ13 [48]2 years ago
7 0
C.) mass customization
Kruka [31]2 years ago
7 0

Answer:

C. mass customization.

Explanation:

Mass customization is an economic term that refers to a company that promotes mass production of its products, but allows customization according to the needs and desires of the customer.

Therefore, it refers to the creation of a high volume product, which at the same time offers a wide range of options to the consumer, without compromising the gains in scale. The viability of this concept can be obtained by combining some strategies and technologies, such as modular product design and manufacturing technologies. Common marketing examples are the automobile and computer industries, where the customer, according to his needs and desires, "assembles" the product with the items he chooses. It is worth mentioning that until the moment of purchase, these items are stored, and their resupply depends on aggregate demand forecasts, while the assembly and configuration are triggered only by the specific order of the customer.

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Which psychologist might work as a consultant for a large financial services company?
rodikova [14]

Answer:

An industrial organizational psychologist

Explanation:

Industrial-organizational psychologists are using psychological concepts and techniques of study to address business challenges and improving the quality of life. They are studying efficiency and managerial staff in the work environment, and working designs for employees.

They get a look for a firm or institution's cohesion and character.And they are working with executives to help coordinate strategies, perform assessments so practice sessions, and establish a future plan.

5 0
3 years ago
1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a c
nevsk [136]

The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.

<h3>Who is cashier?</h3>

A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.

A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.

Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.

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4 0
2 years ago
stakeholders include those affected by the result of the project, but not those affected by the process of performing the projec
koban [17]

The given statement is false that stakeholders include those affected by the result of the project, but not those affected by the process of performing the project.

A stakeholder is a party who has an interest in a company and can influence or be influenced by it. A typical corporation's primary stakeholders are its investors, employees, customers, and suppliers. However, as corporate social responsibility has gained prominence, the concept has been expanded to include communities, governments, and trade associations

Stakeholders can be both internal and external to a company. Internal stakeholders are individuals who have a direct interest in a company, such as employees, owners, or investors. External stakeholders are those who do not directly work for a company but are affected in some way by its actions and outcomes. External stakeholders include suppliers, creditors, and public groups.

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3 0
1 year ago
A company paid $0.76 in cash dividends per share. its earnings per share is $4.48 and its market price per share is $26.50. its
Lelechka [254]

The dividend yield of a company that paid $0.76 in cash dividends per share is equal to 2.87%.

<u>Given the following data:</u>

  • Cash dividend = $0.76.
  • Earnings per share, EPS = $4.48.
  • Market price per share = $26.50.

<h3>What is EPS?</h3>

EPS is an acronym for earnings per share and it can be defined as the portion of a business firm's profit that is allocated per outstanding share of common stock of the business firm, so as to serve as a profitability indicator.

In Business management, the dividend yield of a business firm can be calculated by using this formula:

Dividend yield = Cash dividends/Market price per share × 100

Dividend yield = $0.76/$26.50 × 100

Dividend yield = 0.0287 × 100

Dividend yield = 2.87%.

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4 0
1 year ago
At point A on a demand curve, price is $10 and quantity demanded is 100. At point B, price is $12 and quantity demanded is 80. W
Jet001 [13]

Answer:

Price elasticity of demand is -1

Explanation:

Price elasticity of demand is defined as the degree of responsiveness of quantity demanded to changes in the price of a product. It is calculated by finding ratio of percentage change in demand to percentage change in price.

Percentage change in demand= (80-100)/100= -20/100

Percentage change in demand= -0.2

Percentage change in price= (12-10)/10

Percentage change in price= 2/10= 0.2

Elasticity= Percetage change in quantity demanded/ percentage change in price

Elasticity= -0.2/0.2= -1

5 0
3 years ago
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