Asked by Erick Varela on Jul 05, 2024
Verified
Given the position of Google Home in the growth stage of its life cycle, which of the following OM strategies or issues should Google (makers of Google Home) be least concerned with at the current time?
A) forecasting
B) cost cutting
C) increasing capacity
D) product and process reliability
E) enhancing distribution
Growth Stage
A phase in the product life cycle where a product's market acceptance and sales begin to increase significantly.
OM Strategies
Operational management strategies that focus on improving efficiency, productivity, and competitiveness of an organization's operations.
Product Reliability
The likelihood that a product will perform its intended function without failure for a specified period under certain conditions.
- Apprehend the consequences of product life cycle stages on the tactics employed in operations management.
Verified Answer
NM
Nikki MullenJul 06, 2024
Final Answer :
B
Explanation :
During the growth stage of the product life cycle, the focus is on increasing sales and market share. Cost cutting measures are usually not a priority at this stage as the demand for the product is increasing and the company needs to invest in resources to meet this demand. Therefore, cost cutting should be the least of Google's concerns at this time. The other options are all important in the growth stage, as the company needs to forecast demand, increase capacity, ensure reliability, and enhance distribution channels to meet the growing demand for the product.
Learning Objectives
- Apprehend the consequences of product life cycle stages on the tactics employed in operations management.