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NEW QUESTION 40
Compared to mass-media marketing, customer relationship management has the advantage of allowing the organization to:

  • A. reduce inventory to improve cash flow.
  • B. compete for customers based on service.
  • C. focus on attracting new customers.
  • D. reach a larger number of potential customers.

Answer: B

 

NEW QUESTION 41
In a make-or-buy decision, if the product is modular and the company is dependent on knowledge and capacity, outsourcing most likely will be:

  • A. considered necessary
  • B. viewed as a way to reduce costs
  • C. considered risky
  • D. company policy

Answer: B

Explanation:
Section: Mixed questions

 

NEW QUESTION 42
When designing a supply chain for strategic advantage, a company first should consider:

  • A. matching the supply chain to product type.
  • B. whether to use custom or standard parts.
  • C. the impact on customers using Just-in-Time manufacturing.
  • D. the financial stability of suppliers.

Answer: A

 

NEW QUESTION 43
Using an independent service provider for logistics would be most appropriate in which of the following situations?

  • A. A business that owns plants and warehouses globally
  • B. A financial services company that wants to expand its services
  • C. A cable television company that wants to add services
  • D. A shoe company that wants to penetrate a foreign market

Answer: D

 

NEW QUESTION 44
What does up-selling involve?

  • A. transferring the customer to more expensive and more profitable items
  • B. encouraging a customer to purchase additional, often complimentary products and services
  • C. increasing the value of the customer's purchases
  • D. increasing the volume of the customer's purchases

Answer: C

 

NEW QUESTION 45
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