Firms Increase the Depth of Their Product Lines for All

question 47

Multiple Choice

Firms increase the depth of their product lines for all of the following reasons EXCEPT:

• A) to attract buyers with different preferences
• B) to diversify risk
• C) to further segment the market
• D) to capitalize on economies of scale
• E) to even out seasonal sales patterns

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Definitions:

Specialized Outsource Vendors

Third-party service providers with expertise in a specific field, hired to perform tasks more efficiently than the hiring company can.

Training

The process of enhancing the skills, knowledge, and competencies of employees to perform specific tasks or jobs more effectively.

Strategic Blocks

Conceptual blocks or barriers within an organization that prevent the successful implementation of strategic initiatives or change.

Non-core Work

Tasks or activities that are not central to the primary business or mission of an organization but may still be necessary for operation.