Feature Bloat Is

question 67

Multiple Choice

Feature bloat is

• A)an over-exaggeration of a product's performance capabilities.
• B)the over-charging in price for a minor or cost-free product enhancement.
• C)the excessive difference in price for the same product sold in two different types of retail establishments.
• D)an excessive number of product features whose sheer number inadvertently causes consumer distress.
• E)the increase in size of lettering and logos to accommodate the visual changes as Baby Boomers age.

Comprehend the impact of production changes on net operating income under variable and absorption costing.

Identify costs included in product costs under both absorption and variable costing.

Analyze the effects of segmented income statements and the role of common fixed expenses in decision-making.

Calculate and understand the significance of the absorption costing unit product cost.

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Definitions:

Industry

A group of firms producing similar products or services that serve the same market.

Profits

The financial gain achieved when the revenue from business activities exceeds the costs and expenses involved in operating.

Market Economy

An economic system where the prices of goods and services are determined in a free price system, set by supply and demand.

Efficient

Pertaining to a system or process that operates in a way that maximizes output with minimal waste, effort, or expense.