Konnectz Inc

question 72

Multiple Choice

Konnectz Inc.plans to launch the latest version of its smartphone.As part of its market research and pricing strategy,it takes into account the economic buying potential of its target consumers and their locations.Which of the following factors that influence pricing decisions is Konnectz primarily concerned with in this scenario?

• A)Psychological factors
• B)Environmental influences
• C)Demographic factors
• D)Product characteristics

Understand various lot-sizing algorithms and their advantages/disadvantages.

Define and distinguish between Distribution Requirement Planning (DRP) and Enterprise Resource Planning (ERP).

Calculate the optimal order quantity using specific algorithms such as part-period and EOQ.

Identify and construct a product structure tree and bill of materials.

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Definitions:

Deindividuation

A psychological state characterized by diminished self-consciousness, decreased perceptions of responsibility, and an increase in impulsive and deviant acts, often occurring within group contexts.

Law-abiding

Characteristic of individuals who consistently follow and adhere to the laws of their community or nation.

Mob

A large and disorderly crowd of people often involved in chaotic or aggressive behavior, sometimes resulting in riots or vandalism.

Group Polarization

The phenomenon where a group's prevailing attitudes or beliefs become more extreme following group discussions.