When the First Hybrid Automobiles Became Available on the Market,manufacturers

question 96

Multiple Choice

When the first hybrid automobiles became available on the market,manufacturers had only minimal production capacity.They used a price skimming strategy primarily to

• A) recoup high research and development costs.
• B) signal high quality.
• C) limit demand.
• D) penetrate a market.
• E) test consumers' price sensitivity.

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Definitions:

Distribution Operations

The processes involved in delivering products from the point of production to the end consumer.

Customer Service Objective

A goal that focuses on improving the experience and satisfaction of customers when interacting with a company's services or products.

Reliability

The degree to which a product, service, or system operates consistently over time, meeting the expected performance standards without failure.

Ease Of Doing Business

A metric that measures the regulatory environment in a country to determine how conducive it is for starting and operating a local firm.