Which of the Following Is Not a Characteristic of Mass

question 34

Multiple Choice

Which of the following is not a characteristic of mass production?

• A)made-to-stock
• B)stable demand
• C)high product variety
• D)high product volume

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Definitions:

Leverage

The strategic use of financial instruments or borrowed capital, such as debt, to increase an investment's potential return.

Profitability

A measure of how efficient a company is at generating profits from its resources, often expressed in terms of margins or ratios.

EBIT

A financial metric called EBIT that calculates a company's profits prior to the deduction of interest and income tax costs, encompassing all other expenses.

Operating Leverage

A financial metric that measures the proportion of fixed costs in a company's cost structure, indicating how a change in sales volume will affect operating income.