Which of the Following OM Strategy/issues Should a Firm with a Product

question 109

Multiple Choice

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

• A) increase capacity
• B) long production runs
• C) standardization
• D) cost cutting
• E) fewer rapid product changes

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Definitions:

Negligence

A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, often resulting in harm or damage.

Misconduct

Inappropriate or wrongful behavior by an employee that goes against the policies or expectations of the employer.

Conscientious Person

An individual who shows diligence, carefulness, and a high level of responsibility in their actions or work.

Dependable

A quality or trait of reliability and consistency in performance, actions, or decision-making, viewed as crucial in both personal and professional contexts.