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Managers Must Determine What Products to Make or What Services

question 37

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Managers must determine what products to make or what services to offer,which methods of advertising are most effective,which prices will help their firm realize its target return on investment(ROI),and which distribution system will add the greatest value to the supply chain.


Definitions:

Patched Tire

A tire that has undergone a repair process to fix a puncture or hole, extending its usable life.

Rim

The outer edge or boundary of an object, often circular, such as a cup, bottle, or basketball hoop.

Compact Discs

Digital optical disc data storage format, commonly used for storing music and other data.

LP Records

Long-playing vinyl records, a format for sound recording and playback that gained popularity in the mid-20th century.

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