Perhaps the Most Important Distinction Between Standardization and Adaptation Is

question 77

Multiple Choice

Perhaps the most important distinction between standardization and adaptation is that ________.

• A) standardization helps the firm customize products according to customer preferences, while adaptation helps the firm save time
• B) standardization helps the firm cut costs, while local adaptation helps the firm more precisely cater to local needs and requirements
• C) standardization helps the firm cater to the needs of local customers, while adaptation helps the firm save costs through mass production
• D) standardization helps the firm upgrade quality to suit the unique tastes of consumers, while adaptation emphasizes uniformity

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Definitions:

Liquidator's Distribution

The process of distributing assets held by a company under liquidation to its creditors and shareholders.

Shareholders' Distribution

The allocation of earnings declared by a corporation to its shareholders, usually in the form of dividends.

Liquidation Account Purpose

The objective of tracking and managing all financial transactions during a company's liquidation process to ensure fair distribution of assets to creditors and shareholders.

Contributories

Individuals or entities that are liable to contribute to the assets of a company in the event of its winding up.