Communication Diagrams Contain an Object's Lifeline

question 4

Multiple Choice

Communication diagrams contain an object's lifeline.Which of the following is true of the object's lifeline?

• A)Actions occur along an object's lifeline in chronological order from top to bottom.
• B)The line is dotted.
• C)The lifeline represents the progression of time.
• D)All of the above are true.

Recognize the advantages of economies of scale for market leaders and large firms.

Analyze the role of technological and labor specialization in achieving economies of scale.

Understand the relationship between production volume and total production cost.

Describe strategies firms can employ to achieve economies of scale.

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Definitions:

Customer Loyalty Programs

Marketing strategies designed to encourage customers to continue to shop at or use the services of a business associated with the program.

Marketing Website

Website whose main purpose is to increase purchases by visitors.

Corporate Website

Website designed to increase a company’s visibility, promote its offerings, and provide information to interested parties.

High-Tech Scam

Fraudulent activities using advanced technology to deceive individuals or organizations.