GMETRIX ESB DOMAIN 3: Production and Distribution Pre-Assessment

What do fulfillment centers do ?

• Store products indefinitely but have slow shipping times

• Strategically store a company's products so that the product can be picked up by the customer

• Temporarily store products for retail stores

• Strategically store a company's products so that the product can be quickly picked up and sent out

What are the two (2) main types of distribution channels?

• Direct

• Physical

• Indirect

• Digital

What should one research before creating a product ?

• How much money investors are willing to invest in the product

• The number of products that will need to be produced

• What is required to make the product

• How much it will cost to compensate employees

A Minimum Viable Product (MVP) is a prototype used to test ease-of-use and _____.

• cost

• functionality

• viability

• performance

Buying office space is _______in the long run in comparison to leasing.

• less difficult

• more expensive

• more difficult

• less expensive

In addition to identifying the problem a product or service solves, a value hypothesis should promote things like product features, pricing, and the ______ as a means of enticing potential customers to purchase the product.

• business model

• materials

• production cost

• buyer fees

When it comes to setting one's own quality standards, one must ensure they are ______.

• written

• profitable

• reviewed

• measurable