Examlex

Solved

Flexible Manufacturing Is a Strategy Based on the Use of Manual

question 10

True/False

Flexible manufacturing is a strategy based on the use of manual labor to reduce the costs associated with the product assembly process or the way services are delivered to customers.


Definitions:

Better Business Bureau

An organization that focuses on building trust between consumers and businesses, offering reviews, dispute resolution, and information on the reliability of companies.

Perceived Risk

The potential for loss or other negative outcomes that consumers believe exist when deciding whether to purchase a product or service.

Psychological Tension

A mental or emotional strain resulting from conflicting, demanding, or challenging situations.

Creditworthiness

A valuation of the likelihood that a borrower can fulfill their financial obligations.

Related Questions