If a Company Wished to Alter a Product's Platform So

question 79

Multiple Choice

If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local differences in five different foreign markets, the component of the product component model that is most likely to be under consideration is:

• A) support services.
• B) packaging.
• C) delivery.
• D) ancillary.
• E) core.

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Definitions:

Formal Procedures

Standardized methods and processes established by an organization to conduct its operations.

Ideal Strategy

Refers to an optimal approach a business or individual could take to achieve their goals under the best possible circumstances or assumptions.

Defender Strategy

A business strategy focused on maintaining existing market share and defending against competitors through improvement in product quality, cost, and customer service.

Focus Strategy

The focus strategy is undertaken when an organization tries to target a specific segment of the marketplace for its products or services.