Standardization Would Be Most Appropriate for All of the Following

question 24

Multiple Choice

Standardization would be most appropriate for all of the following products except ______.

• A)checking accounts
• B)chemicals
• C)steel
• D)commercial aircraft

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Definitions:

Intangible

Lacking physical substance, often referring to things that cannot be touched but have value, like brand reputation or intellectual property.

Labor Intensive

Industries or processes that require a large amount of manual labor compared to the amount of capital used or investment in machinery.

Crisis Management Program

A Crisis Management Program is a structured approach for responding to unforeseen, negative events that threaten an organization or its stakeholders, aiming at minimizing damage and restoring operations.

Anticipate

To expect or predict an event, trend, or outcome before it happens, often based on analysis or intuition.