Which of the Following Is Not a Reason for Companies

question 145

Multiple Choice

Which of the following is not a reason for companies to know the cost of their products?

• A)The company must set appropriate prices for the products.
• B)The salary of the company president is based on the cost of the product.
• C)The cost of the product is used in the calculation of profit when the product is sold.
• D)The management of the company needs to assess the reasonableness of the costs incurred in purchasing or manufacturing the products.

Recognize the importance and roles of precautionary and speculative demands for money.

Understand the distinct roles and characteristics of managers and leaders.

Identify factors that contribute to becoming an informal or formal leader.

Recognize the concept of leader emergence in groups without designated leaders.