Which of the following statements is true regarding large-batch and mass production technology?
A) This technology has the lowest level of technical complexity.
B) In the case of this technology, any machines used during the conversion process are less important than people's skills and knowledge.
C) This technology is typically used for producing customized products in small quantities.
D) This technology allows tasks to be specified and programmed in advance.
D
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For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer
The mailroom employee opens all incoming mail Customers' checks are sent to the treasurer, and remittance advices are sent to the accounting department. The controller compares the daily bank deposit amount from the treasurer and the daily debit to cash from the accounting department. What will be an ideal response
Which of the following statements about the market segmentation approach is correct?
A) This approach would imply the production of standardized products. B) With this approach, less money is wasted on customers who have low probability of buying the product. C) It is the act of choosing which segment or segments to pursue actively. D) With this approach, none of the segments would necessarily be satisfied because the typical consumer in each would not feel that the product was right for him or her.