Determining the Number of Components to Put into a Computer

question 133

Multiple Choice

Determining the number of components to put into a computer monitor is an example of which of the following value chain functions?

• A)research and development
• B)design of products, services, and processes
• C)production
• D)marketing
• E)distribution

---

Definitions:

Linear Forecast

A prediction method that uses historical data to fit a straight line and project future trends in demand, sales, or other financial indicators.

Hierarchy of Effects

A theoretical model designed to explain the process by which individuals move from lack of awareness about a product to actual purchase behavior.

Advocacy Stage

A phase in the consumer decision-making process where individuals or groups promote or support a product, service, or idea.

Loyal Consumers

Customers who repeatedly purchase from a brand or business due to satisfaction, preference, or engagement with the product or service.