The Uncertainty in Projecting Demand for Products Means ______

question 28

Multiple Choice

The uncertainty in projecting demand for products means ______.

• A)there is always a gap between available capacity and required capacity
• B)there is always going to be a shortage of a product in relation to demand for a product
• C)there is always going to be a surplus of a product in relation to demand for a product
• D)the manufacturing lead time is going to be fluctuating

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Definitions:

Exit Strategy

A planned approach to exiting a business or investment, to secure maximum value.

Research And Analysis

A systematic investigation and study of materials, sources, etc., in order to establish facts and reach new conclusions, often used in various professional fields.

Growth

Achievement of a critical mass in the business, a point at which an adequate living is provided for the owner and family, with enough growth remaining to keep the business going.

Success-Disengagement Stage

A phase in the lifecycle of a business or career wherein achieving substantial accomplishments leads to reduced engagement or stepping away from active roles.