Response to changes in demand

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Question: Select all answers Process strategy is an organization's overall approach for physically producing goods and providing services. Group of answer choices True Falsehat apply. Process decisions should reflect how the firm has chosen to compete in the marketplace, reinforce product decisions, and facilitate the achievement of corporate goals. A firm's process strategy defines its: Group of answer choices Capital intensity: The mix of capital (i.e., equipment, automation) and labor resources used in the production process. Vertical integration: The extent to which the firm will produce the inputs and control the outputs of each stage of the production process. Customer involvement: The role of the customer in the production process. Multiple server model: By testing several different integrations, management can identify the appropriate the multiple server model. Process flexibility: The ease with which resources can be adjusted in response to changes in demand, technology, products or services, and resource availability.

Reference no: EM133686479

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