Give an Example Using Research Discussed in Class of the Difference

question 42

Essay

Give an example using research discussed in class of the difference between anonymity and confidentiality.Be specific with your example.

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Definitions:

High Fixed Costs

A financial condition where a business or operation has a high proportion of expenses that do not vary with the volume of production or sales.

Low Variable Costs

Operating conditions where costs that vary with production levels, like materials and labor, are minimal.

Mass Customization

A production strategy that combines the efficiency of mass production with the customization typically offered by bespoke services.

Value Stream Mapping

A lean management tool for analyzing the flow of materials and information currently required to bring a product or service to a consumer.