Which of the Following Are Ways That Cost Reduction Can

question 23

Multiple Choice

Which of the following are ways that cost reduction can be achieved by following a program of global marketing?

• A)standardized packaging.
• B)customized products.
• C)using old products from one market for another.
• D)hiring more workers.
• E)eliminating warranties.

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Definitions:

Mean

The average of a set of numerical values, calculated by dividing the sum of the values by the number of values.

Normal Distribution

A bell-shaped frequency distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

A statistic that measures the dispersion or spread of a set of data points relative to its mean.

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers.