Dell Computer's Allows Its Customers to Customize the Type of Computer

question 140

Multiple Choice

Dell computer's allows its customers to customize the type of computer based on individual needs as opposed to premanufactured computers available in retail stores. An efficient supply chain may use all of the following characteristics except:

• A)inexpensive mode of transportation
• B)economies of scale in its production process
• C)many storage facilities as possible
• D)slower mode of transportation

Assess the competitive nature of markets using different tools and indices.

Understand the concept and characteristics of a positive sum game.

Grasp the significance of the concentration ratio and Herfindahl index in analyzing market structures.

Apply knowledge of economics to evaluate the competitive dynamics of the Internet search industry.

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Definitions:

Finished Goods

Products that have completed the manufacturing process but have not yet been sold to customers.