_________________ is an approach to cost reduction in which components are studied carefully to determine if they can be redesigned, standardized, or made by less costly methods of production.

Related MCQs

• _________________ is an approach to cost reduction in which components are studied carefully to determine if they can be redesigned, standardized, or made by less costly methods of production.
• With respect to adopter categories, the _______________ are guided by respect, are the opinion leaders in their communities, and adopt new ideas early but carefully.
• With respect to adopter categories, the _______________ are guided by respect, are the opinion leaders in their communities, and adopt new ideas early but carefully.
• If the purchase is for a high-involvement product, consumers are likely to develop a high degree of ________________ so that they can be confident that the item they purchase is just right for them.
• People will forget much that they learn. They tend to retain information that supports their attitudes and beliefs. This is called _____.
• _personalities prefer love and affection and so they move towards them and so they prefer known brands.
• The situation interacts with the marketing activity and the individual to determine behaviour. Which of the following is a marketing activity?
• ----------- is the person or persons who actually determine which product or service will be chosen.
• Marketing communications play a critical role in informing consumers about ______ including where they can be purchased and in creating favourable images and perceptions.
• The practical significance of _____ for marketers is that they can build up demand for a product by associating it with strong drives, using motivating cues, and providing positive reinforcement.