All of the Following Are Factors That Have Explained the Success

question 65

Multiple Choice

All of the following are factors that have explained the success of private labels in recent years EXCEPT:

• A) better packaging decoration.
• B) improved quality of private-label products.
• C) development of premium private-label brands.
• D) expansion into new product categories.
• E) internationalization of retail chains.

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Definitions:

Craft Shop Technology

Techniques and processes used in small-scale production environments, where goods are handcrafted or produced in limited quantities.

Customer Specifications

Detailed descriptions provided by customers outlining the specific requirements, features, or standards that a product or service must meet.

Small-Batch

Production processes characterized by the production of small quantities of goods tailored to specific customer demands or to test new markets.

Supply Chain Management

Strategically links all operations dealing with resource supplies.