Companies That Produce Entire Inventories of Products or Components in One

question 7

Multiple Choice

Companies that produce entire inventories of products or components in one or very few optimal locations are most likely to follow a ________ strategy.

• A) retrenchment
• B) global
• C) blue ocean
• D) multinational

Evaluate measures of success in public affairs campaigns.

Learn about historical legislative additions impacting communications.

Understand efforts to curb government spending on communications.

Appreciate the role of social media and direct contact in political and organizational communications.

---

Definitions:

Unfinished Tables

Refers to partially completed goods, often noted in manufacturing processes where the product is not yet ready for sale.

Sunk Cost

An expenditure that has already been incurred and cannot be recovered, and should not affect future decisions.

Defective Units

Products that fail to meet quality standards or specifications and are often unsellable or subject to returns and repairs.

Salvage Company

A business specialized in saving, recovering, and selling the usable parts of damaged, inoperative, or discarded goods.