Asked by Karan Patel on May 06, 2024

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The biggest advantage of the product design is:

A) low overhead costs
B) efficient use of functional resources
C) it allows managers to concentrate their expertise of their unique product lines
D) encouragement of internal competition

Product Design

The process of ideating, creating, and iterating products with the goal of solving users' problems or addressing specific needs.

Overhead Costs

Expenses incurred in the running of a business that are not directly tied to specific products or services, such as rent, utilities, and administrative salaries.

Functional Resources

Assets allocated to support specific functions or operations within a company, such as human resources, finance, or technology.

  • Grasp the advantages and disadvantages of product design in organizational structure.
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Verified Answer

BA
Bassem AymanMay 11, 2024
Final Answer :
C
Explanation :
The biggest advantage of product design is that it allows managers to concentrate their expertise on their unique product lines. This leads to a better understanding of the product and its specific requirements, enabling the company to design and manufacture products that are more efficient and effective than those of its competitors. In turn, this can increase market share, revenue, and profits. Low overhead costs, efficient use of functional resources, and encouragement of internal competition are also benefits of product design, but the greatest advantage is the ability of managers to focus on their core competencies.