Which Product and Service Strategy Is Used to Produce Standard

question 48

Multiple Choice

Which product and service strategy is used to produce standard components that can be combined to customer specifications?

• A) assemble-to-deliver
• B) make-to-stock
• C) assemble-to-order
• D) make-to-order
• E) make-to-package

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Definitions:

Fracking

A method of extracting oil and natural gas from underground rock formations by injecting a mixture of water, sand, and chemicals at high pressure.

Natural Gas Industry

The sector of the economy that involves the exploration, extraction, processing, and selling of natural gas.

Incentives

Rewards or penalties that motivate individuals or entities to act in specific ways.

Resource May Increase

A scenario in which the available supply of a natural, human, or capital resource grows, potentially affecting economic outputs and markets.