Products That Are Customized Only at the Very End of the Manufacturing

question 98

Multiple Choice

Products that are customized only at the very end of the manufacturing process are known as:

• A)make-to-stock.
• B)assemble-to-order.
• C)make-to-order.
• D)engineer-to-order.

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Definitions:

Money Center Banks

Large financial institutions that offer a wide array of services and operate at national or international levels, typically located in major financial centers.

Conventional Banks

Financial institutions that offer a wide range of banking services without following any specific religious or ethical restrictions.

Consumers

Individuals or groups who purchase goods and services for personal use.

Clearing House Interbank Payments System

An electronic payment system operated by major banks for the purpose of settling transactions among themselves.