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A Temporary Association Organized to Perform a Specific Task Requiring

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A temporary association organized to perform a specific task requiring a large amount of capital is known as a(n)


Definitions:

Make-to-stock

A production strategy where items are manufactured for stock based on demand forecasts, rather than made to order.

Production Process

A cross-functional business process in which a company produces physical goods.

Pull Model

A business model in which the production process begins with a customer order and companies make only what customers want, a process closely aligned with mass customization.

Make-to-order

A manufacturing process in which the production of an item begins only after a confirmed customer order is received.

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