When a Company Engages in _____,It Is Implementing Strategies That

question 14

Multiple Choice

When a company engages in _____,it is implementing strategies that attempt to shape the external environment within which it operates.

• A) synergistic control
• B) environmental management
• C) environmental control
• D) market control
• E) reactive management

---

Definitions:

Fixed Manufacturing Overhead

Costs in manufacturing that do not vary with the level of production, including factory rent, salaries of permanent staff, and equipment depreciation.

Machine-Hours

A measure of the amount of time machines are operated in the manufacturing process, used as a basis for allocating costs.

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate manufacturing overhead costs to products based on a selected activity base such as labor hours or machine hours.

Direct Labor-Hours

The total hours of labor directly involved in manufacturing a product, used in calculating labor costs and efficiency in production.