Because Many Consumers Choose Stores Based on Proximity to Their

question 9

Multiple Choice

Because many consumers choose stores based on proximity to their workplaces or homes, great locations are

• A)difficult to define.
• B)more important than great products.
• C)always situated near supply chain members.
• D)a competitive advantage that few rivals can duplicate.
• E)almost always locations next to big-box discounters.

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Definitions:

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities and resources consumed in the production process.

Tech Support

Assistance provided by companies to consumers facing technical problems or issues with electronic devices or software.

Time-Driven

Refers to activities or systems where performance or output is measured in relation to the amount of time taken to complete them.

Activity-Based Costing

Accounting practice that assigns costs to products or services based on the precise resources they consume, offering more accuracy in costing.