Two Factors That May Be Used to Assess Whether or Not

question 71

Multiple Choice

Two factors that may be used to assess whether or not other companies are close competitors are

• A) Internet-based knowledge management systems and organizational learning.
• B) Market commonality and resource similarity.
• C) Online access to real-time sales and service information.
• D) Espionage and corporate spying.

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Definitions:

Production Departments

Specific areas or divisions within a manufacturing facility where the actual production or assembly of products takes place.

Activity Cost Pools

A grouping of all the costs related to a specific activity, used in activity-based costing to allocate costs more accurately.

Factory Overhead Costs

Refers to indirect manufacturing costs that are not directly tied to a specific product, such as maintenance, utilities, and rent.

Machine Usage

Refers to the operation and utilization of machines in the production of goods or the provision of services, often tracked to optimize efficiency and maintenance.