Managers evaluate value-added activities to determine how they contribute to the final product's:
A. quality only.
B. cost only.
C. service, quality, and cost.
D. service only.
Answer: C
You might also like to view...
A company that uses leverage is attempting to earn an overall return that is higher than the cost of funds received from
a. preferred and common stockholders. b. common stockholders only. c. preferred stockholders and borrowed funds. d. borrowed funds only.
Assume that fixed costs of $1000 could be eliminated if Product B was dropped. Assume furthermore that dropping one product would not impact sales of the other. If Product B is dropped, what would be the impact on total operating income of the company?
A company has two different products that are sold in different markets. Financial data are as follows:
A) increases by $1000
B) increases by $1400
C) increases by $400
D) increases by $2000
Which of the following is true of storing goods as a marketing function?
A. It allows the producer to keep stocks at convenient locations. B. The duration of storing by some channel members does not affect the behavior of other channel members. C. It is related to Place, but not to Price. D. It cannot increase the value of any goods. E. It is necessary when production of goods matches consumption.
Utilitarian ethics holds that decisions should be made on the basis of practicality, and whatever action is most convenient should be favored
Indicate whether the statement is true or false