Texas Instruments,one of the first producers of hand-held calculators,put a great deal of effort into expanding production of calculators to drive down the cost and thus expand the market.This is most indicative of the ________ concept.
A)production
B)product
C)customer
D)marketing
E)societal

Question

Quizplus · Accepted Answer

The production concept focuses on increasing production efficiency and scale to drive down costs, which can expand the market by making products more affordable. Texas Instruments' efforts to expand calculator production to reduce costs align with this concept.

Texas Instruments,one of the First Producers of Hand-Held Calculators,put a Great