Which of the Following Is NOT One of the Managerial

question 54

Multiple Choice

Which of the following is NOT one of the managerial considerations in determining how to compete successfully?

• A) How can a company attract, keep, and please customers?
• B) How can a company modify its entire product line to emphasize its internal service attributes?
• C) How should a company respond to changing economic and market conditions?
• D) How should a company be competitive against rivals?
• E) How should a company position itself in the marketplace?

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Definitions:

Prime Costs

The combined costs of direct materials and direct labor that are directly attributable to the production process.

Incurred

Refers to costs or expenses that have been realized or acquired in the execution of business activities or operations.

Costs

The expenses incurred in the production of goods or services or in the undertaking of any activity.

Manufacturing Overhead

The indirect costs associated with manufacturing, including costs for maintenance, utilities, and rent of factory facilities, not directly tied to specific units produced.