Adding a Complementary Product to What Is Currently Being Produced

question 2

Multiple Choice

Adding a complementary product to what is currently being produced is a demand management strategy used when

• A) demand exceeds capacity.
• B) capacity exceeds demand for a product which has stable demand.
• C) the existing product has seasonal or cyclical demand.
• D) price increases have failed to bring about demand management.
• E) efficiency exceeds 100%.

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Definitions:

Supervisors

Supervisors are individuals in charge of overseeing the performance of workers or tasks within an organization, ensuring that operations run smoothly and efficiently.

Long-range Plans

Long-range plans are strategic frameworks that outline an organization's goals and objectives over an extended period, often spanning several years into the future.

Committee

A group of individuals designated to perform a specific task or to deliberate on a particular issue within an organization.

Organizational Structure

Describes the way in which a company or organization is arranged, including the roles, responsibilities, and communication methods between members.