The Production Concept Makes Sense for a Business When ________

question 71

Multiple Choice

The production concept makes sense for a business when ________.

• A) consumers are more interested in product availability than in product variation
• B) consumers are interested in obtaining the product that offers them the highest quality, best performance, and most features
• C) consumers have changing needs and insist that those needs be satisfied
• D) consumers are unlikely to buy the product unless they are persuaded to do so
• E) consumers are not sensitive to price

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Definitions:

Classification Category

A level or rank in a systematic organization used to group entities with common characteristics, such as in biological taxonomy.

Species

The basic unit of biological classification, defined as a group of organisms capable of interbreeding and producing fertile offspring.

Extinction

The permanent loss of all members of a species from the earth, leading to a decrease in biodiversity.

Century

A period of one hundred years.