Three of the Four Types of Processes Are

question 241

Multiple Choice

Three of the four types of processes are:

• A) goods, services, and hybrids.
• B) manual, automated, and service.
• C) process focus, repetitive focus, and product focus.
• D) modular, continuous, and technological.
• E) input, transformation, and output.

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Definitions:

Concentrated Targeting Strategy

A marketing strategy of selecting a single, primary target market and focusing all energies on providing a product to fit that market’s needs.

Art Gallery

A space for the exhibition and sale of art works, typically showcasing the talents of various artists, from emerging talents to established professionals.

Grand Opening

An event marking the official opening of a new business or location, often featuring special promotions and activities to attract customers.

Geographic Segmentation

The grouping of consumers on the basis of where they live.