Target Costing

question 46

Multiple Choice

Target costing:

• A)Determines cost based on an expected market demand for the product.
• B)Determines cost based on a budget.
• C)Determines cost based on standard cost.
• D)Determines cost based upon market price and desired profit.

Understand the concept and implications of heterarchy in team power dynamics.

Recognize the necessity of securing organizational support and resources for team success.

Understand key characteristics and processes of principled leadership within team excellence.

Identify the external and internal actions a leader can take to support team effectiveness.