BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mass-customization tends to reduce the volume in which companies produce.
A
True
B
False
Explanation: 

Detailed explanation-1: -Mass-customization tends to reduce the volume in which companies produce. An application server, an e-mail server, and a print server are all computers that provide services shared by users. Electronic conferencing is popular because it reduces travel expenses and saves money.

Detailed explanation-2: -In economics, factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Detailed explanation-3: -Phishing schemes often use spoofing techniques to lure you in and get you to take the bait. These scams are designed to trick you into giving information to criminals that they shouldn’t have access to.

Detailed explanation-4: -LAN (local area network): A LAN connects computers over a relatively short distance, allowing them to share data, files, and resources. For example, a LAN may connect all the computers in an office building, school, or hospital. Typically, LANs are privately owned and managed.

Detailed explanation-5: -minimizing costs? Explanation: C) Web collaboration on a massive scale is essential for coordinating design, testing, and construction while avoiding delays, holding down costs, and maintaining quality.

There is 1 question to complete.