A Reason That More Organizations in Manufacturing and Nonmanufacturing Industries

question 3

True/False

A reason that more organizations in manufacturing and nonmanufacturing industries are adopting activity-based costing systems is that new production techniques have decreased the proportion of indirect costs.

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Definitions:

Customer Value Proposition

A statement or promise made by a company that summarizes the benefits a consumer will receive by using the company's product or service.

Targeted Buyers

Individuals or groups identified as the most likely to purchase a product or service, based on demographic, psychographic, or behavioral characteristics.

On-Time Delivery

The process of receiving goods or services at the promised or scheduled time.

After-Sale Service

Services provided to a customer after a product has been purchased, including support, maintenance, and repair services, aimed at ensuring customer satisfaction and loyalty.