Market-Driven Organizations Tend to Excel in Three Distinctive Capabilities: ________,Customer

question 19

Multiple Choice

Market-driven organizations tend to excel in three distinctive capabilities: ________,customer linking,and channel bonding.

• A) target marketing
• B) market research
• C) fulfilling customer needs
• D) market sensing
• E) customer-service relationships

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Definitions:

Machine-Hours

A measure of the amount of time machines are running in the production process, used as a basis for allocating overhead costs.

Manufacturing Overhead

All indirect costs related to the production process, such as maintenance, utilities, and quality control, not directly traceable to a product.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the production process begins based on estimated costs and activity levels.

Job-Order Costing

An accounting method used to assign costs to specific products or jobs, typically utilized in custom or specialized production.