Whose Role Is to Develop New Technology or to Install

question 117

Multiple Choice

Whose role is to develop new technology or to install and operate new technologies?

• A) A chief technology officer.
• B) An executive champion.
• C) A product champion.
• D) A technical innovator.
• E) An organization's information technology group.

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Definitions:

Cost Of Goods Sold

Expenses directly related to the creation of a company's sold products, encompassing both materials and labor expenses.

Cost Of Goods Manufactured

The total production cost incurred by a company to manufacture products in a specific period, including materials, labor, and overhead.

Manufacturing Equipment

The machinery and tools used in the manufacturing process to produce goods or products.

Conversion Cost

The combined costs of direct labor and manufacturing overhead involved in transforming materials into finished goods.