An Original Design Manufacturer (ODM) Differs from an Original Brand

question 1

Multiple Choice

An original design manufacturer (ODM) differs from an original brand manufacturer (OBM) in that an ODM _____.

• A) does not include final assembly in its organizational boundary 
• B) does not include research and development in its organizational boundary 
• C) does not include marketing in its organizational boundary 
• D) only executes design blueprints provided by other firms

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Definitions:

Good X

Good X typically represents a hypothetical product used in economic models and problems to explain various concepts.

Good Y

Refers to a specific product or commodity in an economic model or discussion, distinct from others by its characteristics or use case.

Budget Constraint

The limitations on the consumption patterns of individuals or households, given their income and the prices of goods and services.

Choice Set

A collection of all possible options available to a consumer or decision-maker.