1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ghella [55]
3 years ago
12

Lilly Ann went to the pet store with her mother to buy a gerbil. After choosing her gerbil, she and her mother went to look at c

ages and found that one of the brands makes several self-contained cage pieces that can be combined or interchanged by snapping them together. Lilly Ann chose a sleep component with a built-in hut, a play component with a built-in wheel, a food component with a built-in food dish and water bottle, and several tubes to connect all the components together. This type of cage is an example of
a) standardization.

b) customization.

c) mass customization.

d) mass production.

e) modular design.
Business
1 answer:
iogann1982 [59]3 years ago
7 0

Answer:

The answer is "b" - Customization

Explanation:

<u>Product Customization</u> is a process of delivering customized goods and services to the customers as per their needs and desire. Customers can either approach a merchant to make certain customizations in a product or personalize the products themselves, exactly the way they want.

It is also known as product personalisation. This is evident in the given situation, as Lilly Ann can customize the cage according to her own preferences.

<u>Standardization</u>

  • Product standardization refers to the process of maintaining uniformity and consistency among the different iterations of a particular good or service that are available in different markets.
  • It is a process of marketing a good or service without making any changes to it
  • Standardization would be correct, if they brand offers the cage without any changes.

<u>Mass customization:</u>

  • Mass customization is a marketing and manufacturing technique which combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.
  • Other names for mass customization include made-to-order or built-to-order.

<u>Mass production:</u>

  • Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automation technology.
  • Mass production facilitates the efficient production of a large number of similar products.

<u>Modular design:</u>

  • Modular design is a design approach that creates things out of independent parts with standard interfaces.
  • This allows designs to be customized, upgraded, repaired and for parts to be reused.
You might be interested in
Select all that apply Benefits of small amounts of inflation include Multiple select question. more expansionary monetary policy
EleoNora [17]

Benefits of small amounts of inflation include more expansionary monetary policy, the placebo effect, and the facilitation of relative price changes.

<h3>What is meant by inflation?</h3>

Inflation is the term used to describe the rate of price rise for goods and services.

It is sometimes used to categorize inflation according to cost-push, demand-pull, and built-in factors.

The two most popular inflation measures are the Consumer Price Index and the Wholesale Price Index.

Inflation can be viewed favorably or badly depending on the perspective and rate of change.

Inflation may be advantageous for those who own tangible assets since it will raise the value of their holdings, such as real estate or goods that are kept in storage.

Inflation's primary causes include:

  • Consumer-driven inflation
  • Price-driven inflation
  • more money available
  • Devaluation
  • increasing pay
  • Regulations and policies

Benefits of Inflation: In order to meet increasing demand, production must increase. Additionally, debtors benefit from inflation because they can return their loans with funds that are less valuable than the funds they borrowed. This promotes borrowing and lending, which boosts expenditure on all levels once more.

To know more about inflation refer to:  brainly.com/question/15692461

#SPJ4

6 0
2 years ago
You are given the following information for Sookie's Cookies Co.: sales = $51,200; costs = $39,600; addition to retained earning
ipn [44]

Answer:

The depreciation expense for the company is $4615.

Explanation:

profit before depreciation and tax = (sales - cost) - interest expense

= ($51,200  - $39,600)  - $1,560  

= $10040

Addition to retained earnings = $2,320

dividends paid = $935

tax rate = 40 percent.

Addition to retained earnings = [(Profit before depreciation and tax - depreciation expense ) * (1- Tax)] - dividend paid

$2320 = [($10040 - depreciation expense)* (1 - 0.40)] - 935

$3255 = ($10040 - depreciation expense)* 0.60

$5425 = $10040 - depreciation expense

Depreciation expense = 10040 - 5425

                                      = $4615

Therefore, The depreciation expense for the company is $4615.

5 0
3 years ago
You will have less money available for other purchases if you choose a car that costs _______ instead of a car that costs ______
Leona [35]
The correct answer would be B. This is because you are spending more money aka $12,000 which would result in you having less money than if you bought one for $8,000!
7 0
3 years ago
Marigold Corp. has begun and ending raw materials inventories of $64000 and $80000, respectively. If direct materials used were
blondinia [14]

Answer:

The answer is $126,000

Explanation:

Please find the attached file for the calculation.

7 0
3 years ago
What is the held idea that every person should have the opportunity to pursue their goals in an organization?
Lostsunrise [7]

Answer:

Equality

Explanation:

Equality in the workplace means coworkers are free to express themselves without fear or discrimination. Employees are effectively allowed to pursue their goals in the office.

When an employee experiences discrimination he has the right to take legal action.

Everyone should have access to the same compensation, same opportunities, and accepted dispite their differences.

7 0
3 years ago
Other questions:
  • Which two forms of financial aid require the student to bear the costs of college education??
    11·1 answer
  • After considering options, a student using the problem-solving process should next
    7·2 answers
  • Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and
    5·1 answer
  • How have or will external factors result in the overhaul of a traditional industry of your choice (such as retail or any other)
    11·1 answer
  • Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
    5·1 answer
  • Which of the following is true about effective budgets?
    10·1 answer
  • If the price of imports rose, caused by a change in the value
    6·1 answer
  • Because education has spillover benefits, the private market will: a. underallocate resources to education. b. overallocate reso
    12·1 answer
  • Why is Eagle Bank's 1-year CD the only account
    5·1 answer
  • Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!