Examlex
One attempt to combine the strengths of standardization and customization of products is to deal with both issues as functions of product design.The _____ product design approach consists of developing a range of product parts that can be used worldwide.The parts can be assembled into numerous product configurations.
Systematic Basis
A methodological approach of allocating costs or revenues over a specified period of time in a consistent and logical manner.
Voting Stock
Securities that give the shareholder the right to vote on company matters, such as electing the board of directors and approving corporate policies.
Contingent Payment
A payment that depends on achieving certain conditions or outcomes in the future.
Market Value
The current quoted price at which an asset or a company can be bought or sold on the open market.
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