In the Operations Profile on Apple,the Book Indicates That When

question 94

Multiple Choice

In the operations profile on Apple,the book indicates that when Apple makes a product announcement ______.

• A)it does not have an impact on the company's stock price,as Apple produces many different products the consequence of one single product is negligible
• B)technology used in the product need not be verified,as Apple can always issue a product recall
• C)it does not have to bother with checking the raw materials used by its suppliers,as this is the responsibility of the suppliers
• D)it needs to ensure that suppliers have been certified

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Definitions:

Sunk Cost

A cost that has already been incurred and that cannot be changed by any decision made now or in the future.

Consistency

Refers to the accounting principle that mandates the same accounting methods and procedures to be followed from one financial period to another to ensure comparability of financial statements over time.

Relevant

Pertaining to something that is closely connected or appropriate to the matter at hand, often used in decision-making to determine if information should be considered.

Decisions

Choices made by individuals or organizations concerning options that affect processes, strategies, or outcomes.