Which of the Following Best Illustrates Global Convergence

question 11

Multiple Choice

Which of the following best illustrates global convergence?

• A) Sylvester Inc., an American car-manufacturing company, uses the Japanese business philosophy of kaizen.
• B) Hexagon Corp., a steel company in the United States, has many plants in different parts of the country.
• C) Hawke Inc., an American computer manufacturer, imports raw materials from Nigeria, and in return it invests in Nigeria's infrastructure development.
• D) Micra Inc., an Indian mining company, engages in corporate social responsibility by providing training services to local schools.

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Definitions:

Activity Cost Pools

Aggregations of individual costs, categorised based on the activities performed within an organization.

Batches

Batches refer to groups or sets of goods produced at one time, used in manufacturing to describe the production process or in inventory to describe how products are managed.

Product Margins

The difference between the selling price of a product and its production costs.

Activity Rates

The costs associated with specific activities, used in activity-based costing to allocate expenses to products or services based on the activities required for their production or delivery.