A Large Cosmetics Company Wants to Create a Web Site

question 55

Multiple Choice

A large cosmetics company wants to create a Web site to sell their cosmetics. They want their people trained to maintain the Web site and work with search engines. They also want an extranet created as well as internal networking facilities for conferencing established. Basically, the organization has been a laggard and wants to leap into the technological world. Because the tasks the company wants will require several different experts, it has outsourced the purchase of these services to Maxwell Consultants who will find and hire the people the cosmetics company needs. Maxwell will stay on the job until the company is satisfied. Maxwell Company will act as a(n) :

• A)in-house talent agency
• B)network seller
• C)decentralized purchasing corporation
• D)systems integrator
• E)functional supplier

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Definitions:

Unit Materials Cost

The cost assigned to a single unit of product, which includes the cost of raw materials used in its production.

Conversion Costs

Conversion Costs are the costs incurred in converting raw materials into finished goods, including direct labor and overhead expenses related to the manufacturing process.

Materials Costs

The direct costs associated with the raw materials used in the manufacturing of a product.

Weighted-Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in inventory valuation.