The Classification Criterion Assessing the Extent to Which Activities Add

question 36

Multiple Choice

The classification criterion assessing the extent to which activities add value and costs when developing products and/or services is called:

• A)strategic alignment.
• B)return on investment.
• C)value chain analysis.
• D)cost/benefit analysis.

---

Definitions:

Guests

Individuals who visit or are invited to a place or event.

Work in Process Inventory

Goods that are in the production process but not yet completed.

Manufacturing Costs

Expenses directly tied to the production of goods, including labor, materials, and manufacturing overhead.

Cost of Goods Manufactured

The total production cost of goods completed and moved to finished goods inventory within a specific period, including materials, labor, and overhead.