Research Shows That ISO 9000 Certification Results in Which of the Following

question 38

Multiple Choice

Research shows that ISO 9000 certification results in which of the following:

• A) minimizes harm to the environment
• B) creates barriers to entry in industries
• C) encourages trade disputes between international competitors
• D) enhances a company's competitiveness and leads to improved business performance

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Definitions:

Variable Expenses

Costs that change in proportion to the activity of a business, such as sales or production levels.

Fixed Expenses

Costs that do not change in total despite fluctuations in the volume of goods or services produced or sold.

Annual Sales

The total revenue generated from the sale of goods or services in one fiscal year.

Variable Expenses Per Unit

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor costs per unit.