A Company That Sells Differentiated Products May Maintain the Ability

question 53

Multiple Choice

A company that sells differentiated products may maintain the ability to respond quickly to changing buyer preferences by utilizing ________.

• A)vertical integration
• B)decentralized production
• C)lean production
• D)continuous production

---

Definitions:

Attributonial Bias

A cognitive bias that affects the way we determine who or what is responsible for an event or action, often leading to error in judgment.

Cognitive Dissonance

A psychological discomfort experienced when holding contradictory beliefs or values, or when behavior and beliefs do not align, often leading to a change in beliefs or behaviors to reduce the dissonance.

Small Amount

A quantity that is less than average or nominal, often referring to a minimal or insignificant portion of something.

Opinion

A belief or judgment that rests on grounds insufficient to produce complete certainty.