Answer: B. Prototyping
Explanation:
A prototype is a model built or used to test a concept, most especially new concepts. It is used to evaluate an idea, products or design, prototype can also be employed to help build information system around an initiative.
Answer:
E. Competency
Explanation:
Competency is the ability to carry out a task or production process efficiently i.e achieving a level of maximum productivity with little or minimal wasted effort or expense.
The action of Mercedes - Benz made the production process more efficient as it is providing the customers with what they want and also doing it well within a short period of time and minimal waste of resources.
Answer: Option B
Explanation: Its an approach used by business firms for gaining a competitive advantage in the market.
Under this approach the business introduces a unique and distinctive good or service into the markets. Thus uniqueness could be obtained from many of the factors such as low pricing, better after sales service or better designing etc.
In the given case, the company is providing customer satisfaction at the maximum level.
Thus, from the above we can conclude that the correct option is B .
Answer:
Develop advertising campaigns for clients.
Manage a large team of creative writers and designers.
Assign projects to individual team members.
Ensure all projects are on track creatively.
Explanation:
Answer: Leftward; upwards.
Explanation: A Supply shock is a term used to describe the sudden and unexpected change in the supply of a given product or commodity usually indicated by the leftward shift if the shock is negative in the aggregate supply curve and an upward change in direction in the Phillips curve both on the short run. Both curves are used to demonstrate graphically the impacts of shifts in supply for a given product or commodity.
