Nike Has Implemented ______ So That Its Customers Can Design

question 82

Multiple Choice

Nike has implemented ______ so that its customers can design certain features of its athletic products to meet their specific needs and desires.

• A) mass customization
• B) standardization
• C) organization marketing
• D) relationship production

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Definitions:

Convertible Bond

A type of bond that can be converted into a predetermined amount of the issuer's equity at certain times during its life, usually at the discretion of the bondholder.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an asset at a set price within a specified time.

Call Option

A financial contract giving the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific period.

Option Price

The price that the option buyer pays to the option seller (writer) for the rights conveyed by the option contract.