Ten100: Chapter 06 Assignment

Market research is the process of gathering information about consumers' attitudes and thoughts about products. It involves collecting and analyzing data to understand consumer behavior, preferences, and needs. Market research helps businesses make informed decisions, develop effective marketing strategies, and improve their products or services to better meet customer demands. It includes various techniques such as surveys, interviews, focus groups, and data analysis to gain insights into consumer opinions and trends in the market.

Henry Ford revolutionized the manufacturing industry with the development of the assembly line. This innovation allowed for continuous manufacturing at a steady rate by dividing the production process into a series of simple tasks performed by workers stationed along the line. This increased efficiency, reduced costs, and enabled mass production of goods, leading to significant advancements in industrialization and productivity. The assembly line system refers to the overall concept and implementation of the assembly line in manufacturing.

Economy of scale refers to the phenomenon where the cost of producing each additional unit decreases as production increases. This is because fixed costs, such as machinery and equipment, can be spread over a larger number of units, resulting in lower average costs. Additionally, economies of scale can also be achieved through bulk purchasing, specialization, and efficient use of resources. Overall, economy of scale allows businesses to achieve cost savings and improve their profitability as they increase their production volume.

Batch production is the process of producing parts in quantity to be built into larger products. This method involves dividing the production process into different stages and producing a specific quantity of parts at each stage before moving on to the next. It allows for efficient utilization of resources and enables economies of scale. By producing parts in batches, companies can streamline their manufacturing process and achieve cost savings, while also ensuring consistency and quality control in the final products.

Unforeseen effects that occur as a result of new technologies becoming a part of everyday life are referred to as unintended consequences. These consequences are not anticipated or planned for when the technology is initially accepted. They can have both positive and negative impacts, and may only become apparent once the technology is already in use.

Araceli Ortiz and her team have come to the realization that Ford was producing cars specifically tailored to the preferences and needs of men, or perhaps even a particular man. This suggests that Ford's car designs were not inclusive or representative of the diverse range of consumers, potentially alienating women and other demographics.

Prefabricated standardized parts that can be easily swapped or replaced with other parts of the same type are known as interchangeable parts. This term is commonly used in manufacturing industries where products are assembled using standardized components that can be interchanged without affecting the overall functionality or design of the product. Interchangeable parts allow for efficient production, repair, and maintenance processes as they eliminate the need for custom-made or unique parts for each product.