Which of the Following Competitive Factors and Performance Objectives Is

question 14

Multiple Choice

Which of the following competitive factors and performance objectives is unlikely to satisfy customers?

• A) Reliable delivery leading to a need to excel at effective customer service.
• B) A wide range of products and services underpinned by excellence at flexible operations.
• C) Low quality leading to a need to excel at producing large quantities at low prices.
• D) Low price leading to a need to excel at low cost.
• E) Speed of operations leading to a need to excel at efficient distribution.

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Definitions:

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all materials bought during the period.

Dust Density Sensors

Devices used to detect and measure the amount of dust particles in the air for environmental monitoring or industrial processes.

Equivalent Unit

A measurement used in process costing that converts partially completed units into an equivalent number of fully completed units to accurately measure the output of a production process.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale during the period.