Competitors with Similar Offers Find That a New Entrant Is

question 113

Multiple Choice

Competitors with similar offers find that a new entrant is threatening because

• A)nearly all market need is already being met.
• B)the new entrant might increase prices.
• C)the new entrant offers the same product.
• D)the new entrant is a pioneer.

Understand the concept of throughput and its Measurement.

Understand the application and importance of the 5Ss in Lean production.

Comprehend the significance of JIT in reducing in-transit inventory and the role of supplier location.

Recognize the concerns of suppliers when entering JIT partnerships.

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Term Explanation

The process of providing definitions or clarifications for terms or concepts.