Pre-Fabricated Furniture with Choices of Fabric Colors Is an Example

question 101

Multiple Choice

Pre-fabricated furniture with choices of fabric colors is an example of which product and service strategy?

• 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:

Fixed Costs

Definition: Business expenses that remain the same regardless of the level of production or sales.

Break-Even Point

The moment when the sum of all expenses matches the sum of all income, resulting in neither a profit nor a loss.

Revenue

The total income generated from the sale of goods or services related to a company's primary operations.

Break-Even Point

The stage at which total costs and total revenues are exactly equal, meaning no profit nor loss is being made, having no net effect on the financial position.