Hannah's Alterations Business Works Around the Needs of the Customer

question 48

Multiple Choice

Hannah's alterations business works around the needs of the customer by providing hours of operation that vary throughout the week, including some evening and weekend hours. It could be said that Hannah's business is ________.

• A) differentiated
• B) customer-centric
• C) market oriented
• D) product oriented
• E) socially responsible

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Definitions:

Overhead

The ongoing administrative, operational, or general business expenses that are not directly tied to the production of goods or services.

Depreciation Costs

The allocation of the cost of a tangible asset over its useful life.

Relevant Costs

All costs that vary with the consequence of a decision.

Irrelevant Costs

Costs that will not be affected by a decision and thus should not influence the decision-making process.