Dedicated Machines ________

question 21

Multiple Choice

Dedicated machines ________.

• A) are ideal for short production runs
• B) produce a narrow range of products
• C) are very expensive to operate
• D) require high-skilled operators

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Definitions:

Aging Population

A demographic trend characterized by an increase in the proportion of older individuals within a society, leading to various socioeconomic and healthcare challenges.

Differentiation Strategy

A business approach where a company develops unique products or services to stand out from competitors in the market.

Distinctive Product

A unique product that stands out in the market due to its peculiar features, quality, or branding.

Unique Service

A unique service refers to a distinctive offering provided by a business or organization that sets it apart from its competitors.