Keeping a Product Generic as Long as Possible Before Customizing

question 90

Multiple Choice

Keeping a product generic as long as possible before customizing is known as

• A) postponement
• B) keiretsu
• C) vendor-managed inventory
• D) forward integration
• E) backward integration

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Definitions:

Price Ratio

The proportionate comparison or ratio of the prices of two different goods or services.

Family and Medical Leave Act

A U.S. federal law that provides eligible employees with unpaid, job-protected leave for specified family and medical reasons.

Remedies

Legal means through which a right is enforced or the violation of a right is prevented, redressed, or compensated.

Provisions

Clauses in a legal document or statute that provide for a specific requirement, rule, or arrangement.