The Mass Affordability of the IPhone Is the Result of the Following

question 80

Multiple Choice

The mass affordability of the iPhone is the result of the following, except

• A) mass production and spreading of fixed costs.
• B) the law of diminishing returns in manufacturing.
• C) economies of scale and large volumes.
• D) mass sales and distribution cost savings.

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Definitions:

Fit

The degree of alignment or compatibility between two or more entities, such as a job candidate and corporate culture.

5C Model

The 5C Model is a marketing framework that focuses on understanding a company's situation by analyzing five key areas: company, customers, competitors, collaborators, and context.

Client Satisfaction

A measure of how products and services supplied by a company meet or surpass customer expectation.

Compliance

Compliance involves following and adhering to laws, regulations, standards, and ethical practices in one's personal actions or in the operations of a business or institution.