In Seeking to Predict the Next Moves of Close or Key

question 72

Multiple Choice

In seeking to predict the next moves of close or key rivals,it is useful to consider which of these questions?

• A) Which rivals badly need to increase their unit sales and market share?
• B) Are there predictable trends in the timing of rivals' new-product launches or marketing promotions?
• C) Which rivals have a strong incentive,along with the resources,to make major strategic changes?
• D) Which rivals are likely to enter new geographic markets or expand their product offerings?
• E) All of these choices are correct.

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Definitions:

Constant Work-In-Process (ConWIP)

A pull system for controlling the total amount of work in process in a manufacturing system, maintaining a constant level to improve flow and reduce waste.

Input-Output Control

A management tool used in production and operations that monitors the inputs and outputs of a process, aiming to maintain efficient production and resource utilization.

Work Centre

A specific location in a manufacturing environment where a set of production activities are carried out by machines, labor, or both.

Infinite Capacity Scheduling

A theoretical approach to scheduling that assumes there are no limitations in production capacity, allowing for the exploration of potential output levels.