All of the Following Are Options That Might Be Followed

question 89

Multiple Choice

All of the following are options that might be followed if the firm wished to lower its export price on a product EXCEPT:

• A) rearrange the distribution channel.
• B) eliminate costly features (or make them optional).
• C) downsize the product.
• D) expand the warranty categories to give incentive for higher quality.
• E) assemble or manufacture the product in foreign markets.

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Definitions:

Preventive Maintenance Program

A schedule of planned maintenance actions aimed at preventing breakdowns and failures of equipment before they occur.

Cost Effective

Cost-effective refers to an action that provides the best possible outcome for the least amount of money, maximizing the benefits relative to its costs.

Breakdown Maintenance

Maintenance performed after equipment failure or breakdown to restore it to operational condition.

Two-Component Process

A process consisting of two distinct parts or stages that together complete a task or produce a product.