Which of the Following Is One of the Advantages to the Target

question 99

Multiple Choice

Which of the following is one of the advantages to the target costing approach?

• A) In the target costing approach,costs are fully known before the product is actually designed.
• B) There is usually a higher level of cost-consciousness in the target costing approach than in the cost plus approach.
• C) The target costing approach approach often leads to higher levels of features included that some customers may want.
• D) The target costing approach can be completed by marketing department personnel without involving others in the process.

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Definitions:

Foreign Investment

Capital investment made by individuals, companies, or governments in business interests in another country.

Democracy

A form of government in which the power to govern is vested in the hands of the people, either directly or through elected representatives.

Foreign Investors

Individuals or companies from one country investing in assets or businesses in another country.

Internet Market

The act of promoting and selling products or services through online mediums, utilizing strategies such as social media, email marketing, and SEO.