Asked by Pablo Ramirez 5 on Jun 03, 2024
Verified
Which of the following is LEAST likely to affect the experience curve?
A) technical progress
B) labor redesign
C) specialization
D) segmentation
Technical Progress
Technical progress refers to the advancements in technology that increase the efficiency and productivity of processes, operations, and products within various industries.
Labor Redesign
Labor redesign involves the restructuring of work processes, roles, and responsibilities to improve efficiency, productivity, and employee satisfaction within an organization.
Specialization
Focusing on a narrow area of expertise or activity, allowing a business or individual to become a known expert in that area.
- Distinguish between elements that affect and those that are less likely to affect the experience curve.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
D
Explanation :
Segmentation refers to dividing the market into smaller groups based on characteristics such as demographics or behavior. It is a marketing strategy and is not directly related to the experience curve, which is a production strategy. Therefore, segmentation is least likely to affect the experience curve. Technical progress, labor redesign, and specialization can all impact the experience curve by improving efficiency and reducing costs over time.
Learning Objectives
- Distinguish between elements that affect and those that are less likely to affect the experience curve.