Product Design Decisions Are Strategically Important for a Variety of Reasons.Which

question 8

Multiple Choice

Product design decisions are strategically important for a variety of reasons.Which of the following statements concerning the importance of product design is FALSE?

• A) Product design decisions provide firms with an important opportunity to enhance supply chain collaboration.
• B) There is an obvious link between the design of new products and the long-term success of an organization.
• C) Product design decisions typically account for an insignificant percent of a product's postdevelopment production costs.
• D) Product design decisions contribute to the attainment of strategic objectives, enabling a firm to maintain a competitive advantage.

---

Definitions:

Incremental Income

The additional income that is generated by increasing sales or production by one additional unit.

Processing Costs

Expenses incurred during the transformation of raw materials into finished products, including labor, materials, and overhead.

Selling Price

The amount of money for which a product or service is sold to the customer, often influenced by production costs, market demand, and competition.

Deluxe

Refers to a superior or luxurious version of a product or service.