Or Components of Assembled Products, the Demands Are Not Usually

question 21

Multiple Choice

or components of assembled products, the demands are not usually constant per unit time, and depletion is anything but gradual. Inventory depletion for component parts tends to occur in ____________.

• A) random patterns
• B) discernable patterns
• C) predictable patterns
• D) sharp inclines
• E) discrete "lumps"

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Definitions:

Follower Strategy

A business approach where a company chooses to follow rather than lead in product development or market strategies, adapting to market changes made by competitors.

Market Share

The proportion of total sales or revenues that a company or product commands within a specific market or industry.

Follower Strategy

A market approach where a company chooses to enter a market by following in the footsteps of pioneers, often adapting and improving existing products or services.