Factors Such as Time of Day,store Environments,or Occasion for Which

question 91

Multiple Choice

Factors such as time of day,store environments,or occasion for which a product will be used are examples of:

• A)group norms.
• B)cultural factors.
• C)subcultural influences.
• D)family influences.
• E)situational determinants.

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Definitions:

Activity Cost

The cost associated with a specific activity or process in the production or delivery of goods and services.

Activity Driver

An activity driver is a factor in activity-based costing that influences the costs of an activity, helping allocate costs more accurately to products or services.

Activity-based Costing

An accounting method that assigns costs to products or services based on the activities they require, promoting more accurate cost management.

Non-volume Driven

Pertains to costs that do not change with the level of production or service volume.