Using the Life-Cycle Costing Approach,salespeople Can Demonstrate That

question 42

Multiple Choice

Using the life-cycle costing approach,salespeople can demonstrate that:

• A) a product in the decline stage of its life cycle will have little,if any,service.
• B) a product with a higher initial cost will have lower overall costs.
• C) operational costs do not change over the lifetime of capital equipment.
• D) a product in the introductory stage of its life cycle will have more problems than one in a later stage.
• E) operational costs actually decrease over the lifetime of capital equipment due to increased familiarity.

---

Definitions:

Indirect Payments

Payments made on behalf of someone else, often seen in business where employers pay taxes or benefits to governments or insurance companies on behalf of employees.

Benefits and Services

Refers to the perks and support services provided by employers to employees, which can include health insurance, retirement plans, and wellness programs.

Job Evaluations

A systematic process for assessing the relative worth of jobs within an organization to establish a fair and equitable pay structure.

Method

A systematic way of doing something, often involving a detailed series of steps or procedures.