Benchmarking against direct competitors creates the risk of
a. creating products or services with identical specifications.
b. becoming stagnant relative to process improvements.
c. being taken over by the competitors to prevent the loss of ideas.
d. all of the above.
b
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Which of the following statements concerning taxation is accurate?
a. Corporations pay federal income taxes but not state income taxes. b. Corporations pay federal and state income taxes. c. Only the owners must pay taxes on corporate income. d. Corporations pay income taxes but their owners do not.
One way to enhance personal attractiveness to a target of influence is through ________, which involves enhancing the other's self-image or reputation through our statements or actions, and thus enhancing our own image in the same way.
Fill in the blank(s) with the appropriate word(s).
During 2010, America, Inc, produced, among other products, 9,300 cameras, incurring the following unit costs: $5 in direct materials, $3 in direct labor, $2 in variable overhead, $4 in fixed overhead, $0.50 in variable selling and administrative expenses, and $1 in fixed selling and administrative expenses. An outsider had offered to produce the cameras for $12 each. Assuming that the factory
space would have been idle otherwise, acceptance of the outside offer would have a. lost the company $9,300. b. saved the company $33,950. c. saved the company $18,950. d. lost the company $13,950.
Which of the following is not a benefit of post audits of capital investments?
A) Ensure that resources are used wisely by evaluating profitability. B) Guide managers to make capital investment in the best interests of the firm. C) Considers changes in the actual operating environment. D) Supply feedback to managers that should help improve decision making. E) All of these are benefits.