Producers Benefit from Using Intermediaries Because They ________

question 145

Multiple Choice

Producers benefit from using intermediaries because they ________.

• A)offer greater efficiency in making goods available to target markets
• B)bring a fresh point of view to strategy development
• C)eliminate risk
• D)are generally backlogged with orders
• E)refuse to store products for longer than a few days

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Definitions:

Repetitive Focus

A production strategy where the same products or services are produced in high volumes over a long period using a dedicated set of resources.

Variable Costs

Expenses that vary in relation to the amount of work performed or quantity of products made, including labor and materials.

Break Even

The point at which total costs and total revenues are equal, resulting in no net loss or gain for a business.

Net Present Value

A financial metric that calculates the present value of net cash flows from an investment, considering the time value of money.