A Make-To-Order Process Would Be Characterized by All of the Following

question 51

Multiple Choice

A make-to-order process would be characterized by all of the following except?

• A) Long time to product completion
• B) High degree of customization available
• C) High cost per unit
• D) High volume

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Definitions:

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Hybrid Social Venture

An enterprise that combines aspects of non-profit and for-profit models aiming to address social issues while generating revenue.

Buy One Give One

A business model where a company donates a product for each product purchased by a consumer.

Venture Philanthropy

A type of social impact investment that combines financial investments with philanthropic goals, often providing expertise and networks in addition to capital.