Discuss the characteristics of a company for which ABC would be appropriate
Companies having the following characteristics find ABC useful: (1) hard-to-make products that show large profits and easy-to-make products that show losses; (2) profit margins that are difficult to explain; (3) considerable automation that makes it difficult to assign overhead to products that use machine hours or direct labor as bases; (4) substantial overhead costs that are not in proportion to the number of products; and (5) a wide variety of services or products.
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Masspersonal communication is best reflected in which example?
a. the Obama campaign using text messages to announce campaign decisions b. the number of Facebook posts you had in one day c. the nightly news on a television channel you flipped to d. an engagement announcement at your parents’ house
The entry to record the disposal of fixed assets will include a credit to accumulated depreciation
Indicate whether the statement is true or false
Process innovations are often associated with a low-cost leadership strategy.
Answer the following statement true (T) or false (F)
Statistics indicate that over half of the world output now comes from emerging markets. This is leading to a(n) ________ of living standards across the globe and is changing the face of business.
A. divergence B. expansion C. convergence D. contraction