The Strategic Importance of Deliberately Trying to Develop Organizational Competencies

question 14

Multiple Choice

The strategic importance of deliberately trying to develop organizational competencies and capabilities is

• A) lower cost for employee training.
• B) improved strategy execution and a potential for competitive advantage.
• C) increased ability to reduce total operating costs.
• D) the added ease with which strategic fit and resource fit benefits can be captured.
• E) enhanced ability to avoid the perils of outsourcing.

Identify strategies for organizing content in a logical and engaging manner.

Comprehend the impact of headings, subheadings, and visual elements on reader engagement.

Discover the advantages of varying sentence length and structure to enhance comprehension.

Understand the principles of writing style adaptation when revising others' work.

---

Definitions:

Job-Order Costing

Job-order costing is an accounting method that assigns costs to specific jobs or batches, useful in industries where each product or service is customized.

Direct Labor Costs

Expenses directly associated with the labor used in the production of goods or services, such as wages for workers on the assembly line.

Overapplied Overhead

Refers to a situation where the applied (or allocated) manufacturing overhead costs are greater than the actual manufacturing overhead costs incurred.

Underapplied Overhead

Underapplied overhead occurs when the allocated manufacturing overhead costs are less than the actual overhead costs incurred.