The Main Distinction Between Platform and Derivative Projects Is That

question 88

True/False

The main distinction between platform and derivative projects is that the latter depend on existing technology.

Differentiate between customization and standardization in product manufacturing.

Distinguish between the operational characteristics of service providers and manufacturers.

Understand the process and benefits of modular design in manufacturing.

Know the difference between various organizational types based on their manufacturing processes and layouts.

---

Definitions:

General Journal

A primary accounting record used to record all types of transactions before they are transferred to specific accounts in the general ledger.

Sales Tax

A government-imposed tax on the sale of goods and services, collected by the retailer and passed on to the government.

General Journal

A primary accounting record used to record all types of transactions before they are posted to the specific accounts in the ledger.

General Ledger

The main accounting record of a business that uses double-entry bookkeeping, which contains all the financial accounts and transactions of the company.