Which of the Following Is Not a Reason to Reposition

question 114

Multiple Choice

Which of the following is not a reason to reposition a product?

• A) To justify higher prices.
• B) To change consumer preference.
• C) To highlight attributes that have been previously ignored.
• D) To reflect a change in management priorities.

Grasp the significance of direct materials, direct labor, and factory overhead costs in product costing.

Understand the concept of conversion costs and its components.

Acknowledge the financial responsibilities and functions that fall under the chief financial officer (CFO).

Understand the classification of manufacturing costs into direct materials, direct labor, and factory overhead.

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Definitions:

Sales Targets

Specific, quantifiable objectives set for a sales team or individual sales representatives to achieve within a specific time frame.

Training

An organization's planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.

Learning Organization

An organization that actively encourages, facilitates, and utilizes the learning of its members to continuously transform itself for better performance and innovation.

Human Resources

The department within an organization responsible for hiring, administering employee benefits, and managing employee relations and training.