Which of the following phrases best describes product focus?
A) low volume, high variety
B) finished goods are usually made to order
C) processes are designed to perform a wide variety of activities
D) high fixed costs, low variable costs
E) raw material inventories are high relative to the value of the product

Question

Quizplus · Accepted Answer

Product focus is characterized by high fixed costs due to specialized equipment and facilities, and low variable costs because the products are typically standardized and produced in large volumes.

Which of the Following Phrases Best Describes Product Focus