The Model Whose Goal Is to Eliminate Waste While Satisfying

question 65

Multiple Choice

The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:

• A)Just in time manufacturing model.
• B)Managerial accounting model.
• C)Corporate social responsibility model.
• D)Continuous improvement model.
• E)Lean business model.

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Definitions:

Need-Satisfaction

A sales strategy that focuses on identifying and meeting the needs of the customer.

Prospect Participation

The involvement or engagement of potential customers in the sales process.

Memorized Sales Presentation

A scripted pitch that a salesperson delivers from memory to potential customers.

AIDA Procedure

A model used in marketing and advertising that stands for Attention, Interest, Desire, and Action; outlining the steps to influence a customer's buying decision.