There Are Many Different Stakeholders Found in an Organization

question 9

Multiple Choice

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for the government?

• A) Maximize profits
• B) Adhere to regulations/laws
• C) Exceptional customer service
• D) Reliable contracts

Acquire knowledge on how specific activities relate to the overall process of producing a product and managing overhead costs.

Understand the basic concept and purpose of activity-based costing.

Identify how activity rates are computed and applied in activity-based costing.

Recognize the impact of switching from traditional costing to activity-based costing on product costs.

---

Definitions:

Yield Management

A pricing strategy used in industries with fixed capacities to maximize revenue by adjusting prices based on demand.