Which of the following is not an organizationally driven reason for outsourcing?
A. Improve credibility and image by associating with superior providers.
B. Increase product and service value by improving response to customer needs.
C. Improve flexibility to meet changing demand for products and services.
D. Improve effectiveness by focusing on what the firm does best.
E. All of these are organizationally driven reasons for outsourcing.
Answer: A
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When consumers share a strong need that cannot be satisfied by an existing product, it is called ________ demand
A) negative B) latent C) declining D) irregular E) nonexistent
Discuss ways to ensure the presentation ends with a strong close
What will be an ideal response?
Value analysis is ______.
A. used to improve, at a minimum cost, the functionality of a product without affecting its existing functions and standards B. used to completely analyze and improve the value of all of the components used to develop a product from its design to its final delivery C. used to design a product with a view to meet the requirements of a new market D. used to analyze the process by which market requirements may be satisfied
Victor recommends that the organization focus on selling its products to people aged 65 and older. Victor is recommending the ______ strategy.
A. senior B. cost leadership C. differentiation D. niche