business environment is described by one of the A Pwychological tredbi C. D. Government influences Barriers to imitation o f the Cost savings (reduction) con results from doing things following terms Experience curve B. Trial and stor C. Learning effects A systematic lowering of the cost structure that run the following: s on as one of Trial and error Learning effects Fixed costs 34. Customization of a product is related to differentiation which high price low quality As a source of competitive advantages company may achieve m es of scale om the oplication of one of the following: Spreading are c over a mass production of . Mass production through trial and emmar Large production to achieve a greatoduction in its Mass production to give the company the ability to spread found.co m is associated Manufacturing and delivering a product to a customer without delay and TOM C. D. Inventory management None of the show 37. Profitability per customer and customer loyalty are positively conced 38. B. False A position a company may take with regard to the 4P's (Price, product, promotion, and place) refers to A Marketing management B. Product mix c. Marketing strategy D. Marketing mix A company that finds it difficult to change its strategy and structure in order to adapt to the changing business environment is described by one of the following A Psychological forced brains B. Inertia Government influences Barriers to imitation Cost savings (reduction) can result from doing things repeatedly. It is known as one of the following terms: Experience curve Trial and error C. Learning effects D. Fixed costs A systematic lowering of the cost structure that results in unit cost reduction is known as one of the following: Experience curve B Trial and error Learning effects D. Fixed costs 34. Customization of a product is related to differentiation which can contribute to A lower price B. average price c high price D low quality 35. As a source of competitive advantages, a company may achieve economies of scale from the application of one of the following A Spreading variable costs over a mass production of units. B. Mass production through trial and error. C. Large production to achieve a greater reduction in variable costs over many units. D Mass production to give the company the ability to spread fixed cost over many units. 36. Manufacturing and delivering a product to a customer without delay and inventory is associated A B. C. D. TOM IT Inventory management None of the above 37. 38. Profitability per customer and customer loyalty are positively correlated. True B. False A position a company may take with regard to the 4P's (Price, product, promotion, and place) refers to A. Marketing management B Product mix C. Marketing strategy D. Marketing mix