The Three Factors That Contribute the Most to Achieving Success

question 39

Multiple Choice

The three factors that contribute the most to achieving success of new service development in order of importance are:

• A)Market research factors, organizational factors, market synergy
• B)Market synergy, organizational factors, market research factors
• C)Organizational factors, market synergy, market research factors
• D)Market synergy, market research factors, organizational factors
• E)Market research factors, market synergy, organizational factors

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Definitions:

Accounting Records

Documentation and books that capture all financial transactions of a business, company, or individual, providing a basis for financial statements and audits.

Cost of Goods Available

The total cost of inventory available for sale, calculated as the beginning inventory plus the cost of goods manufactured or purchased.

Overapplied Overhead

Occurs when the amount of overhead allocated to products exceeds the actual overhead incurred.

Cost of Goods Sold

The direct costs attributable to the production of the products sold by a company.