The do-it-yourselfer plucked a gallon can of base paint from the shelf of the local hardware store and handed it to Keith, the cheerful clerk at the paint counter. Their eyes met briefly and the do-it-yourselfer silently handed over sample 150C-1, Musical Mist, to the clerk. It was impractical to keep several gallons of every possible color on the shelves at the hardware store, so the paint manufacturer had created clever workaround. The workaround was a computer-based system that added predetermined quantities of pigments to a gallon can of base paint depending on the desired shade, in this case, Musical Mist. The hardware store now needed to stock only the base paint, this machine, and a small supply of paint pigments in order to create the thousands of colors in its catalog. This scenario is a prime example of:
(a)- postponement.
(b)- Preponement.
(c)- Both a & c

According to my research on different business strategies, I can say that based on the information provided within the question this scenario is a prime example of postponement. In the context of business this term refers to a strategy in which you maximize the benefits while also minimizing the risks by postponing additional investments into a good or service until it is absolutely necessary. Which is what the store is doing by only keeping the base paint and ordering only what is necessary when necessary.

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jepessoa jepessoa · Answer 2 · 2019-10-27T15:52:14+01:00

jepessoa jepessoa

27-10-2019

Answer:

The answer is: A) postponement

Explanation:

Postponement in business, refers to an strategy that minimizes risks and maximizes possible benefits by delaying investment into a product (reduces inventory) or service until the last minute possible. In this case the seller only stocks a generic paint and modifies it when the client chooses the color and buys it.

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