________ Uses a Firm's Flexible Processes to Generate a Wide

question 72

Multiple Choice

________ uses a firm's flexible processes to generate a wide variety of personalized services or products at reasonably low costs.

• A) Mass customization
• B) Channel assembly
• C) Outsourcing
• D) Forward integration

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Definitions:

Building Trust

The process of establishing confidence in one's honesty, integrity, and reliability within personal or professional relationships.

Effective Team

A group of individuals who work together efficiently to achieve a common goal through collaboration, communication, and mutual respect.

Groupthink

A mental occurrence among a group of individuals where the need for agreement or uniformity leads to illogical or ineffective results in decision-making.

Hidden Agendas

The secret wishes, hopes, desires, and assumptions hidden from the group. People often try to accomplish hidden agendas while pretending to care about the group goals.