What Are Companies That Have Low Customer Contact and Are

question 11

Multiple Choice

What are companies that have low customer contact and are capital intensive; yet provide a service, called?

• A) pseudo-manufacturing organizations
• B) quasi-manufacturing organizations
• C) hierarchical manufacturing organizations
• D) service factories
• E) servifacturing organizations

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Definitions:

Market Economy

An economic system where supply and demand from consumers determine the production of goods and services.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future scenarios, helping to make flexible long-term plans.

Royal Dutch/Shell

A global group of energy and petrochemical companies known for its global presence in the oil and gas industry.

Benefits

Advantages or positive outcomes derived from specific actions, policies, or products.