To a Customer Is to Identify Whether the Customer Can

question 45

Multiple Choice

To a customer is to identify whether the customer can afford the product or service you are selling and to learn how to best approach the customer.

• A)educate
• B)qualify
• C)introduce
• D)customize

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Definitions:

JIT

Just-In-Time, a manufacturing methodology aimed at reducing flow times within production as well as response times from suppliers and to customers.

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as a manufacturer owning its supplier and/or distributor.

Upstream Suppliers

Companies or entities that provide raw materials, components, or services to another company for the production of goods.

Business Strategy

A plan of action designed to achieve a specific set of objectives that ensures the growth and success of an organization.