The process that determines an allowable product cost while setting market price and allowing for an acceptable profit margin is known as
a. target costing.
b. product life cycle costing.
c. activity-based costing.
d. responsibility costing.
A
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When a company has a proficiency in performing a strategically and competitively important value chain activity better than its rivals, it is said to have a
A. core competence. B. competitive advantage over rivals. C. distinctive competence. D. key value chain proficiency. E. company competence.
The hurdle rate is often set at:
A. 10% above the ARR of current projects. B. The company's cost of capital. C. The rate the company could earn if the investment were placed in the bank. D. The rate at which the company is taxed on income. E. 10% above the IRR of current projects.
What are the advantages and disadvantages of using arbitration rather than litigation?
Group maintenance behavior would be exhibited by a project manager who:
A) Provides the necessary support and technical assistance. B) Plans and schedules activities and resources appropriately. C) Contributes to the completion of project assignments. D) Works with subordinates to understand their problems.