Which of the Following Actions Is Most Appropriate When Implementing

question 154

Multiple Choice

Which of the following actions is most appropriate when implementing a strategy to create customer-affordable value?

• A) Use a more rapid transportation mode.
• B) Increase safety stock.
• C) Extend product warranty.
• D) Employ lean principles.

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Definitions:

Transfer Payments

Payments made by governments to individuals without requiring any goods or services in return, such as welfare or social security.

Goods and Services

The output of an economy's business activities, encompassing tangible products (goods) and intangible offerings (services).

Progressivity

Refers to the degree to which a tax system taxes higher incomes at higher rates.

OECD Countries

Member countries of the Organisation for Economic Co-operation and Development, which are generally regarded as developed countries with high-income economies.