Heightening an Interest or Desire of a Customer Induces ___________

question 39

Multiple Choice

Heightening an interest or desire of a customer induces ___________.

• A) Excitement
• B) Impulse buying
• C) Repeat business
• D) None of the above

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Definitions:

Maturity Stage

The maturity stage is a phase in the product life cycle characterized by a slowdown in sales growth because the product has achieved acceptance by most potential buyers, leading to increased competition.

Long Production Runs

Extended periods of continuously producing the same product, which often leads to economies of scale and reduced costs per unit.

Operations Strategy

A plan that outlines how an organization will allocate resources to support infrastructure and production to meet business objectives.