When Canon Designed Its AE-1 Camera and Newer Models, It

question 32

Multiple Choice

When Canon designed its AE-1 camera and newer models, it built in a common set of features that were demanded by global customers. This would be an
Example of which of the following product policies?

• A) core components standardization
• B) core components miniaturization
• C) product design families
• D) universal product with all features
• E) universal product with different positioning

---

Definitions:

Sunk Cost

A cost that is not affected by subsequent decisions.

Manufacturing Productivity

measures the efficiency of the production process, typically quantified as the ratio of outputs produced to inputs used in the manufacturing process.

Internal Rate of Return

This is a financial metric used to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Net Cash Flows

The difference between a company's cash inflows and outflows over a specified period.