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Alborosie
3 years ago
7

Which of the following actions explains mass customization? Firms tailor their products and services to meet a customer's partic

ular needs on a large scale. Firms provide immediate communication and feedback to and from customers. Firms provide ways for clients and firms to conduct business online without human assistance. Firms market their products and services over vast distances. Firms link Web sites to corporate databases to provide real-time access to personalized information.
Business
1 answer:
alexgriva [62]3 years ago
7 0

Answer: Firms tailor their products and services to meet a customer's particular needs on a large scale.

Explanation: As the name suggests mass customization refers to customizing at a large level.  In simple words it refers to a process in which an organisation combines the benefits of mass production with the benefits of customization.

This is done by the organisations when the majority of customer base is asking for a particular change or addition in the existing commodity.

  Hence from the above we can conclude that the correct option is first statement.  

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the main purpose of writing a business plan is to a. prepare a "blueprint" for the development of your business. b. meet a state
erastova [34]
D because if your employees don't know about anything then you will have a sloppy business

5 0
3 years ago
Read 2 more answers
Wims, Inc., has current assets of $3,900, net fixed assets of $26,500, current liabilities of $3,400, and long-term debt of $7,5
STALIN [3.7K]

Answer:

equity = $19500

Explanation:

Given data:

current assets $3900

net fixed assets $26,500

current liabilities $3400

debt = $7500

Total liabilities = current liabilities + long term debt

                         = 3400 + 7500 = $ 10,900

Total assets = current assets + net fixed assets

                     = 3900 + 26,500 = $30,400

We know

total assets  = total liabilities + equity

30400 = 10900+ equity

equity = $19500

8 0
3 years ago
Jerome is the hr manager for the xyz company. He has committed to monitoring more hr activities​ (such as time to hire and cost
bija089 [108]

There are five commonly known management functions: <u>planning, organizing, staffing, directing, and controlling. </u>

The management function that Jerome is engaging in when he’s monitoring time to hire and cost of hires is called controlling.

Controlling is defined as <em>ensuring that things are going well by measuring the rights metrics and comparing to expected performance, as well as taking corrective actions when necessary. </em>


5 0
3 years ago
A working capital managers role is to manage: Select one: a. accounts receivable and payable only. b. cash, inventory, accounts
Dima020 [189]

Answer:

b. cash , inventory, accounts receivable, accounts payable and risk management

Explanation:

Working capital is defined as a measure that shows how a company is operating efficiently and it's ability to meet the short term financial obligations.

When a business working capital is properly managed, then the business will be healthy financially hence operate successfully and able to meet up with it's daily obligations.

A good working capital manager must be able to make use of working capital management to maintain balance between profitability, growth and liquidity. The role of working capital manager is also to manage cash, inventory, accounts receivable and payable and risk management.

A working capital manager must be able to manage cash that will be used for a business daily operation, must ensure the business inventories are properly managed and accounted for. It's duty also include risk management as he is responsible for making decisions regarding day to day finance of a business operation; the success or failure in terms of meeting up with short term financial obligation depends on him.

6 0
3 years ago
Deon is VP of marketing with a major beverage company and is reviewing the contracts of several film, media, and television pers
yaroslaw [1]

Question Completion:

Options:

a. There must be at least two parties.

b. Each party is free to accept or reject the exchange offer.

c. Each party believes it is appropriate or desirable to deal with the other party.

d. Each party has something that might be of value to the other party.

Answer:

c. Each party believes it is appropriate or desirable to deal with the other party.

Explanation:

Criteria C is the criteria that will most directly relate to Deon's cancellation of the sponsorships.  Business deals and relationships cannot be established or allowed to subsist when it becomes inappropriate or undesirable to deal with the other party because of controversial activities.  This is more so when the activities involve political and social justice beliefs and differences.  Ordinarily, business partners should not allow such personal prejudices to becloud their relationships.  The best approach, therefore, is for business partners to keep their political and social justice beliefs personal and not make them public issues.

7 0
3 years ago
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