Management accounting accumulates, maintains, and processes an organization's financial and nonfinancial information

Indicate whether the statement is true or false


True

Business

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Global Wood Ventures Inc is an American firm that manufactures, distributes, and exports structural plywood. The firm finds that multiple inventory management errors were causing customer dissatisfaction and reducing the firm's profits

It identified several companies, in completely different industries, that were considered to be the best in inventory management. After obtaining permission, professionals from Global Wood Ventures Inc studied the inventory management system of One Stop Mart, a firm well known for its inventory management techniques. This knowledge helped Global Wood Ventures Inc to develop a more error-free inventory management system. In this example, Global Wood Ventures Inc uses which of the following strategies? A) competitive benchmarking B) perceptual mapping C) disintermediation D) competitor analysis E) vertical integration

Business

The full positioning of a brand is called the unique selling proposition

Indicate whether the statement is true or false

Business

An assignee of contractual rights acquires only the same rights as the assignor

a. True b. False Indicate whether the statement is true or false

Business

The function of setting the limits or levels of manufacturing operations based on the market plan

and resource availability is called: A) capacity planning. B) production activity level. C) production planning. D) all of the above E) none of the above

Business