Which of the Following Tactics Is Likely to Be Used

question 27

Multiple Choice

Which of the following tactics is likely to be used in the product life-cycle management (PLCM) ?

• A)launching promotional campaigns
• B)changing the product design process to accommodate changes in production volume
• C)changing the manufacturing process to accommodate changes in demand elasticity
• D)changing the product development process to accommodate changes in supply

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Definitions:

Expertise Level

The degree of skill or knowledge that an individual has in a specific field or activity.

Business Acumen

The ability to understand and deal with business situations in a manner that is likely to lead to a good outcome.

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Foundational competency refers to the essential skills or knowledge that serves as the base for further learning or professional development.

ATD Competency Model

A framework developed by the Association for Talent Development to outline the skills and knowledge needed by professionals in the field of training and development.