A Company Makes Only One Product

question 25

Multiple Choice

A company makes only one product. The company is carefully evaluating what it learned in becoming such a success to see if it could use the same strategy to expand internationally. Which perspective of the balanced scorecard is this manufacturer emphasizing?

• A)financial perspective
• B)policies and procedures perspective
• C)customer perspective
• D)internal business perspective
• E)innovation and learning perspective

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Definitions:

Factory Overhead Cost

All indirect costs associated with the manufacturing process, such as utilities, maintenance, and salaries for management.

Materials

Basic components or raw substances used in manufacturing processes or production.

Generating Revenues

Generating revenues involves engaging in activities that bring income to a business, such as selling goods or providing services.

Cost

The total amount of money spent on the production, acquisition, or maintenance of goods and services.