APICS Certified Supply Chain Professional (CSCP) — Question 24

Products that share characteristics of predictable demand and low profit margin will have competition based on which of the following?

Answer options

Correct answer: B

Explanation

The correct answer is B, as products with predictable demand and low profit margins often compete primarily on cost. Options A, C, and D are less relevant in this context, as speed to market, product improvements, and supply flexibility may not significantly impact competition in a market where price is the main factor.