Almost Every Industry Includes Firms That Specialize in Serving Target

question 19

Multiple Choice

Almost every industry includes firms that specialize in serving target subsegments called .

• A)market niches
• B)benchmarkers
• C)hotbox markets
• D)customer databases
• E)local markets

---

Definitions:

Consolidated

Combined into a single entity or group, often for the purposes of streamlining operations or improving efficiency.

Centralized

A model where decision-making and processes are consolidated at a single central point, often leading to efficiencies in inventory management, purchasing, and logistics.

Dell's Supply Chain

A highly efficient model focused on build-to-order manufacturing, direct sales, and strong supplier relationships, leading to reduced inventories and customized products.

Supply Chain Surplus

The difference between the value of the final product to the end consumer and the total costs of the supply chain that brings the product to the consumer.