For Someone Used to Downloading Music Online, ITunes, When It

question 6

Multiple Choice

For someone used to downloading music online, iTunes, when it first launched, would be considered a(n) :

• A)discontinuous innovation.
• B)dynamically continuous innovation.
• C)symbiotic innovation.
• D)continuous innovation.

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Definitions:

Variable Manufacturing Overhead

Indirect manufacturing costs that vary with the production volume, such as utilities for machinery.

Standard Costs

Pre-determined or estimated costs used for planning and control purposes, often used to measure performance by comparing them with actual costs.

Direct Labour

The wages and other compensation paid to employees who are directly involved in producing goods or providing services.

Labour Rate Variance

The difference between the actual cost of labor and the expected (or standard) cost of labor for the actual production level.