A Leader in the First Quadrant of the Credibility Matrix

question 37

Multiple Choice

A leader in the first quadrant of the credibility matrix has a _____ of trust and a _____ of expertise.

• A) low level;low level
• B) low level;high level
• C) high level;high level
• D) high level;low level

---

Definitions:

Conversion Costs

The combined costs of direct labor and manufacturing overheads that are incurred in converting raw materials into finished products.

Unit Costs

The expense associated with manufacturing, storing, or buying a single unit of a good or service.

Materials

Basic items or substances used in the manufacturing process to create products or goods.

Conversion Costs

The total expenses of direct labor and manufacturing overheads used to transform raw materials into completed products.