Which of the Following Is the Most Constructive Response a Market

question 89

Multiple Choice

Which of the following is the most constructive response a market leader can make when defending its market share?

• A) maintain basic cost control
• B) innovate continuously
• C) provide desired benefits
• D) meet challengers with a swift response
• E) provide expected benefits

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Definitions:

Normal Time

The standard duration that a task or activity is expected to take under usual conditions.

Allowance Factor

A multiplier or percentage factor applied in calculations to account for expected deviations or uncertainties in estimates or operational capacities.

Predetermined Time Standards

Time values assigned to specific tasks based on analyses of their elements, used for planning and setting performance targets.