A company should select the same kind of production used by most of its competitors
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A company should pick the kind of production that best achieves its larger business strategy.
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If actual overhead exceeds applied overhead, factory overhead is said to be ____________________
Fill in the blank(s) with correct word
Activity-based costing (ABC):
A) should not be applied to non-manufacturing activities. B) should not be applied to service companies. C) can be applied to administrative activities. D) can only be used by manufacturing companies.
Precedent is not followed when: A) the facts of a case can be distinguished as being different from the previous case
B) a court believes that a change of law is socially or morally mandated. C) technology or other significant circumstance has changed. D) All of the above
According to Porter, in the new economy, technology has become the most important driver of change. List and describe three emerging forces that will affect technology as described by Porter
What will be an ideal response?