Volvo Has a Concept Car Website That Caters to Car

question 63

Multiple Choice

Volvo has a concept car website that caters to car enthusiasts who might want to see concept cars evolve into real-life products.A "Forum" section allows people to submit opinions and questions-enabling Volvo to gauge consumer reaction to new ideas.
-Refer to Volvo.What type of interactions is Volvo using to send and receive communications from consumers?

• A) relationship-based
• B) technology-centric
• C) Web-based
• D) product-centric

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Definitions:

Aggregate Planning

A process in organizations that helps in balancing production capacity and demand over a medium time range to optimize costs.

Forecast Errors

The difference between forecasted values and the actual values that occur, indicating the accuracy of forecasting methods.

Aggregate Plans

Aggregate plans are company-wide plans that are laid out for production, inventory levels, and workforce size to meet fluctuating demand in the most cost-effective manner.

Capacity

Refers to the maximum level of output that a company can sustain to make a product or provide a service.