Which of These Is a Reason to Make a Component

question 120

Multiple Choice

Which of these is a reason to make a component instead of buying from others?

• A) Greater flexibility
• B) Lower risk
• C) Lower cost
• D) All of the above

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Definitions:

Qualitative Data

Non-numeric information that describes qualities or characteristics, often collected through methods like interviews, observations, and case studies.

Customer Segments

Specific groups of people or organizations targeted by a business's marketing efforts based on shared characteristics or needs.

Customer Demands

The needs or requirements that consumers express for products or services, which can influence market trends and business strategies.

Customer Insights

Deep understanding or findings about customers that allow for better strategic decisions in marketing, product development, and customer experience improvement.