Question: Just - in - Time ( JIT ) is a strategy primarily used in logistics to: A ) Minimize warehouse space B ) Reduce demand

Just-in-Time (JIT) is a strategy primarily used in logistics to:
A) Minimize warehouse space
B) Reduce demand forecasting accuracy
C) Increase transportation lead times
D) Minimize inventory holding costs
Meg & Mason, a newly launched women's clothing brand, creates videos and ads online to attract customers to its website. Which of the following stages of customer advocacy is Meg & Mason in?
A) Trial
B) Awareness
C) Advocacy
D) Engagement
Which is not an example of a product placement?
A) A G4 drone from GeoCam is used to film a segment of a TV program on wild animals.
B) A pile of Kraft Macaroni & Cheese is visible in the background scene of comedy film about college life.
C) A Toyota Prius is driven by a main character in a long-running TV sitcom.
D) A Coca-Cola vending machine appearing in the opening credits a Hollywood movie.
Miele, a high-end appliance manufacturer from Germany, is known for its product quality craftsmanship and reliability. Priced an average of 35% more than the competitive appliances, what price strategy is Miele using?
A) experience curve pricing
B) target market share pricing
C) prestige pricing
D) demand-backward pricing
1
 Just-in-Time (JIT) is a strategy primarily used in logistics to: A)

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