With reference to the types of production technologies identified by Joan Woodward, which of the following technologies gives an organization the capacity to produce a wide range of products that can be customized for individual customers?

A) continuous-process technology
B) mass production technology
C) small-batch technology
D) sequential-process technology

C

Business

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Net present value:

A) is gross domestic product less depreciation. B) is sales volume less sales and excise taxes. C) is profit after taxes. D) ignores the time value of money. E) is the discounted value of a series of future cash receipts.

Business

What are the two most important management challenges in building a successful e-commerce presence?

A) developing a clear understanding of business objectives and knowing how to choose the right technology to achieve those objectives B) having an accurate understanding of your business environment and an achievable business plan C) building a team with the right skill sets and closely managing the development process D) identifying the key components of your business plan and selecting the right software, hardware, and infrastructure for your site

Business