Which of the Following Is an Example of Identifying a New

question 136

Multiple Choice

Which of the following is an example of identifying a new niche in an established market?

• A) Modifying a cell phone keyboard to alphabetical order
• B) Reducing the number of outlets that sell computers
• C) Reducing the price of a printer so that it is more affordable
• D) Introducing a new computer in an industrialized country
• E) Designing a computer that can control traffic flow on a freeway

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Definitions:

Costs Of Quality

The cost associated with controlling quality (prevention and appraisal) and failing to control quality (internal and external failure).

Prevention Costs

Expenditures made to avoid defects in products or inefficiencies in services, part of quality control measures.

Value-Added

The enhancement a company gives its product or service before offering the product to customers, increasing the product's value.

Value-Added

The enhancement a company gives its product or service before offering the product to customers.