Which of the following statement about activity-based costing (ABC) is true?

a. ABC is appropriate for a firm which produces products that are made to customers specifications.
b. ABC is appropriate for a firm which uses a wide range of techniques to manufacture the products.
c. ABC is appropriate for a firm that has a high degree of commonality in the overhead cost of the products.
d. All of the above statements are true.


d

Business

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The universal functions of marketing

A. must be performed in both market-directed and command economies. B. can sometimes be eliminated-in very efficient macro-marketing systems. C. are usually performed in the same way and by the same types of institutions in all macro-marketing systems. D. must all be performed, from a micro view, by every firm.

Business

________ are brief anecdotal reports by supervisors of things employees do that are particularly effective or ineffective in accomplishing parts of their jobs.

A. Forced distributions B. Case studies C. Narrative essays D. Critical incidents

Business

Which of the following is not a reason for the possible erosion of company competitive advantage?

A. globalization B. rapid change in technology C. actions by rivals from within and outside of the industry D. company commitment to innovation

Business

The Affordable Care Act has a provision that expands a public assistance program designed to make health coverage available to low-income individuals by increasing the maximum amount of income that can be earned and still qualify for benefits

As a result, millions of individuals are eligible for coverage under this program. This public assistance program is called A) Medicare. B) Health Maintenance Organization. C) Health Insurance Marketplace Exchange. D) Medicaid.

Business