Who Developed the ABC Concept in the 1940s,and in Which

question 33

Multiple Choice

Who developed the ABC concept in the 1940s,and in which country or company?

• A)Del Harder from Ford Motor Company
• B)General MacArthur of the U.S.A.
• C)Dr.Taguchi from Japan
• D)Ms.Lockheed of Lockheed-Martin

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Definitions:

Rate of Return

A measure of the profitability of an investment, expressed as a percentage of the original investment.

R&D Spending

Research and Development (R&D) spending refers to the amount of money a company or country allocates towards research and innovation to develop new products, processes, or technology.

Interest-Rate Cost

The expense incurred from borrowing money, essentially the price paid for the use of borrowed funds, or, for investors, the returns from lending.

R&D Expenditure

R&D Expenditure refers to the funds allocated by firms or governments towards research and development to foster innovation and growth.