What Was the Main Reason That the Merger of Daimler-Benz

question 98

Multiple Choice

What was the main reason that the merger of Daimler-Benz and Chrysler failed?

• A)The companies were rivals,and their communication channels never fully opened.
• B)The merger was too time-consuming for the companies to worry about operations.
• C)The companies were from two different countries and had different corporate cultures.
• D)The two types of cars were expensive and inexpensive and consumers could not reconcile this.

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Definitions:

Equivalent Unit

A concept used in process costing that represents the amount of work done on incomplete units, expressed in terms of fully completed units.

Weighted-Average Method

An inventory costing method that calculates the cost of ending inventory and the cost of goods sold based on the average cost of all inventory units.

Process Costing System

An accounting method used to assign costs to units of production in industries where the production process is continuous.

Ending Work In Process

The balance of unfinished goods at the end of an accounting period, which includes material, labor, and overhead costs incurred.