Product design affects a small amount of costs in the value chain.

Question

Quizplus · Accepted Answer

Product design can have a significant impact on the costs throughout the value chain. It can influence the efficiency of production, the quality of the product, materials and labor costs, packaging and shipping costs, and even the marketing and sales costs. Therefore, product design is an essential element to consider in optimizing the overall value chain and achieving cost savings.

Product Design Affects a Small Amount of Costs in the Value