Which of the Following Statements Concerning Resource Flexibility Is Best

question 213

Multiple Choice

Which of the following statements concerning resource flexibility is best?

• A) Flexible equipment is useful to companies with low production volumes and high customization.
• B) Investment in general-purpose equipment is warranted if the firm expects to sell more than the break-even amount.
• C) Manufacturing efficiency increases with general-purpose equipment.
• D) Resource flexibility is crucial for line-flow processing.

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Definitions:

Third Category

In a classification system, the additional or alternative group that items, ideas, or solutions can be placed into beyond the primary two options.

Need-Payoff Question

A Need-Payoff Question is a sales technique that encourages prospective customers to consider the benefits and value of a product or service, focusing on solving specific needs.

SPIN Approach

A sales technique that focuses on understanding the Situation, Problem, Implication, and Need-payoff in customer interactions.

Categories of Questions

A classification that organizes questions based on their purposes, such as information gathering, clarifying, or problem-solving.