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Terry
0450-20-M-J-13-2d
Chan
TOPIC QUESTION - PAPER 1
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Chan
May 17, 2026 at 7:36:21 AM
May/June 2020
Version 3
4.0 Operations Management
4.1 Production of Goods and Services
YOUR ANSWER
Benefit: Able to produce a variety of product
Explanation: RVC is able to produce a variety of soaps and shampoo to meet the different preference of RVC customer base, increasing customer loyalty.
Limitation: Unable to mass produce
Explanation: However, RVC would not be able to mass produce a similar product to achieve economies of scale to increase the level of profit and margin of safety.
Grade:
6/6
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