A. Should we produce jeans with expensive machinery or less expensive labor?
B. Can we market our jeans to teenagers or focus on people in their twenties?
C. Do we have enough customer support to charge more for our jeans?
D. Are jeans still “in,” or should we develop a line of skirts instead?
A. Should we produce jeans with expensive machinery or less expensive labor? best illustrates deciding how to produce a specific product.
This question is focused on the production process and the resources needed to manufacture the product. The decision to use expensive machinery or less expensive labor will impact the cost of production and ultimately the price of the product. The other options are related to product marketing, pricing strategy, and product development, which are different aspects of the business decision-making process.
Q: What does it mean to decide how to produce a specific product?
Deciding how to produce a specific product involves making decisions about the resources, techniques, and processes that will be used to create the product. This may involve deciding whether to use expensive machinery or less expensive labor, for example.
What is the difference between option A and option B?
Option A involves making a decision about production resources, while option B involves making a decision about the target market for the product.
Why is it important to decide how to produce a specific product?
Deciding how to produce a specific product is important because it can impact the quality, cost, and availability of the product. Making informed decisions about production resources and processes can help to ensure that the product is produced efficiently and effectively, and can help to minimize costs and maximize profits.