Why Might an Organization Find It Most Beneficial to Involve

question 38

Multiple Choice

Why might an organization find it most beneficial to involve accountants in product design?

• A) because generally at least 65% of product costs are determined in the design stage and accountants can help minimize product costs
• B) because accountants are generally able to improve the quality of new products
• C) because involving accountants in product design boosts firm morale
• D) because accountants are generally able to identify what consumers want in a new product

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Definitions:

Implementation

The process of putting a decision or plan into effect; executing or actioning a strategy or policy.

Organized Goals

Clearly defined objectives that are systematically planned to guide actions and decisions towards achievement.

New Initiative

A fresh effort or plan introduced to achieve a particular goal or solve a problem.

Knowledge Management

The systematic process of capturing, distributing, and effectively using knowledge within an organization to enhance performance and competitiveness.