The annual Consumer Reports rating of your company's flagship product was just released. Generally speaking the rating was good but not great. Based on the consumer comments that were referenced in the rating, it appears that many consumers have a negative view of the product's convenience and safety attributes.?
?
In order to address these consumer concerns your company should consider doing which of the following?
A. Make aesthetic modifications to the product.?
B. ?Make line extensions to the product.
C. ?Make functional modifications to the product.
D. ?Lower the price of the product.
E. ?Make quality modifications to the product.
Answer: C
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When evaluating responses to an RFP, which consideration would be least useful as part of typical system evaluation criteria?
In extensive decision making:
A. the buyer usually buys low-involvement products. B. the buyer has a moderate level of involvement in the buying decision. C. the buyer has already formed attitudes and beliefs toward the product. D. the buying decision is easy to make. E. the buyer believes there is more at stake relative to other buying decisions.
Managers eliminate non-value-adding activities that are not essential to an organization
Indicate whether the statement is true or false
Ewing Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 3 pounds per product Direct labor time standard 5 hours per product Direct materials price standard $10 per pound Direct labor rate standard $ 9 per hour Standard variable overhead rate $ 5 per labor hour
Standard fixed overhead rate $10 per labor hour The standard unit cost for direct materials is a. $30. b. $10. c. $50. d. $27.