A company that sells differentiated products may maintain the ability to respond quickly to changing buyer preferences by utilizing ________.
A)vertical integration
B)decentralized production
C)lean production
D)continuous production

Question

Quizplus · Accepted Answer

Decentralized production allows companies to maintain more flexibility and respond more quickly to changes in buyer preferences. This is because production is spread out across multiple locations, rather than centralized in one location, which allows for faster response times and easier adaptation to local market needs. Vertical integration, lean production, and continuous production may also provide some advantages in terms of efficiency, cost savings, and quality control, but they may not be as effective in terms of responding quickly to changing buyer preferences.

A Company That Sells Differentiated Products May Maintain the Ability