________ Operations Produce Standardized Products for Mass Consumption

question 180

Multiple Choice

________ operations produce standardized products for mass consumption.

• A) Make-to-stock
• B) Make-to-order
• C) Low-contact
• D) High-contact

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Definitions:

Average Accounting Return

A financial ratio measuring the average net income an asset is expected to generate relative to its average book value.

Time Value

The principle stating that having money now is preferable to the same sum later, owing to the earnings it could potentially accrue.

Disadvantage

refers to a unfavorable condition or position that reduces the chances of success or effectiveness.

Average Accounting Return

A financial ratio that compares the average annual net income of an investment to its initial cost to assess its profitability.