What Personal Factors Help Shape Your Selection of a Target

question 9

Multiple Choice

What personal factors help shape your selection of a target industry in addition to your own person enthusiasm and passion for a particular set of products or services:

• A) Your own work experience
• B) Your educational experience, including business or technical skills
• C) A family business (your family!)
• D) All of the above

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Definitions:

Tight Quality Control

Rigorous and stringent monitoring and verification of products or services to meet specified quality standards.

Information Technology

The study or use of systems (computers and telecommunications) for storing, retrieving, and sending information, playing a critical role in modern organizations.

Physical Process

A sequence of operations or activities that involve physical transformations or manipulations of materials or components.

Mass Customization

Mass customization is a manufacturing technique that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.