Asked by Courtney Coffman on May 26, 2024
Verified
Regal Marine
A) no longer builds boats with any wooden parts.
B) designs and builds boat hulls by hand.
C) treats the product design decision as critical to its success.
D) gets its competitive advantage by being the low-cost producer of boats designed by others.
E) designs several new boats each year, but contracts other firms for their manufacture.
Competitive Advantage
is the attribute that allows an organization to outperform its competitors, often through superior quality, innovation, or cost efficiency.
Product Design
The process of creating new products by conceiving, designing, and iterating, focusing on both functionality and appearance.
Boats
Small to medium-sized vessels primarily designed for the transportation of people or goods across water bodies, differing in terms of size, shape, and capacity.
- Recognize the crucial role that product design plays in a firm's strategic operations and market competitiveness.
Verified Answer
Learning Objectives
- Recognize the crucial role that product design plays in a firm's strategic operations and market competitiveness.
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