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Question 2. Question : The theory of constraints (TOC)
emphasizes which of the
following?
Student Answer:
Developing competitive constraints.
Finding and eliminating design constraints.
Removing bottlenecks from the production process.
Improving overall production efficiency.
Question 3. Question : Generally, firms will price a product
more competitively at which
stages of the product's sales life cycle?
Student Answer:
Product introduction and Growth.
Maturity and Decline.
Throughout the cycle.
At the end of the life cycle.
UNIT 5 QUIZ