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Prita Has Worked for Milton Publishing, a Large Publishing Company

question 39

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Prita has worked for Milton Publishing, a large publishing company for 15 years as a staff editor. She is contacted by Sonnet Publishing, a small publishing company. Sonnet would like Prita to interview for a job opening. During the interview, the CEO of Sonnet offers Prita the Chief Editor position at $200,000 more per year than her current salary. This is a significant promotion for Prita, so she accepts the new job. After three months on the job, the CEO announces that the company will be closing. Prita learns that the CEO knew when he offered her the job that the company would be going out of business, but the company only needed her to complete projects Sonnet was contractually obligated to complete before closing its doors. Prita has


Definitions:

Postponement

A strategy of delaying the final production or distribution of a product until customer orders are received to reduce inventory costs and increase customization.

Product Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.

Customization

The process of modifying products or services to meet the specific requests or requirements of individual customers.

Postponement

A strategy in supply chain management involving delaying product customization or distribution until customer orders are received to reduce inventory costs.

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