According to "Essentials of Business" by Magal,why Did Apple Inc

question 13

Multiple Choice

According to "Essentials of Business" by Magal,why did Apple Inc.decide to have its products made by an outside contract manufacturer?

• A)So it could stick to its core competency of designing easy-to-use and engaging hardware and software products.
• B)Because the contract manufacturer used cheaper labor which allowed Apple to cut costs and increase profits.
• C)Because the theories of globalization suggested it was a good strategy.
• D)To provide a higher quality product.

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Definitions:

Ethical Code

A set of principles designed to guide behavior in accordance with moral standards and integrity.

Believers

Individuals who accept or trust in something without requiring empirical evidence, often used in the context of religious faith.

VALS Typology

A consumer segmentation strategy based on values, attitudes, and lifestyles to predict consumer behavior.

Summit

The highest point of a hill or mountain; metaphorically, it can also refer to a meeting between heads of government or leaders.