Which of the Following Is Asserted by Advocates of Standardization

question 78

Multiple Choice

Which of the following is asserted by advocates of standardization?

• A) customizing products is essential for high profits
• B) customers in developed countries are similar
• C) emerging economies are competitive
• D) differentiation indicates bias

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Definitions:

Managers

Individuals responsible for planning, organizing, leading, and controlling an organization's resources to achieve its goals.

Open Systems Model

A theory or model that views any system as being interconnected with its environment and influenced by external factors.

Transformation Process

A method by which inputs are converted into outputs in a business operation, altering the nature, form, or function of materials or information.

Feedback Loop

A process whereby a system's output is circulated back as input, modifying the system's behaviour or output.