Which One of the Following Courses of Actions Would NOT

question 31

Multiple Choice

Which one of the following courses of actions would NOT be taken by a firm wanting to pursue a learning curve steeper than the industry average?

• A) following an aggressive pricing policy
• B) focusing on continuing cost reduction
• C) keeping capacity equal to demand to control costs
• D) focusing on productivity improvement
• E) building on shared experience

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Definitions:

Supply Chain

The network of organizations, people, activities, information, and resources involved in creating and moving a product or service from supplier to customer.

Normally Distributed

A statistical term describing a 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 statistical measure that quantifies the amount of variance or dispersion of a set of data points around the mean or average.

Supply Chain Profit

The total profit generated by all entities involved in the supply chain, from the production of raw materials to the final sale to the consumer.