Apex Construction Has Teams of Expert Change Agents Known as Green

question 13

Multiple Choice

Apex Construction has teams of expert change agents known as green belts and black belts,to control problem-solving and train other employees.They are engaged in:

• A)TQM
• B)CRM
• C)Six Sigma
• D)JIT
• E)Flexible manufacturing

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Definitions:

Fixed

Costs or expenses that do not change with the level of goods or services produced within a certain time period.

Share Building

The process of increasing a company's market share through strategies like marketing, sales promotion, and product innovation.

Product Life Cycle

The progression of a product through stages from introduction to growth, maturity, and decline, impacting marketing and production strategies.

Price Competition

Involves businesses competing primarily on the price of their products or services, usually leading to lower prices for consumers.