One Important Reason That Managers Allocate Overhead Costs to Products

question 28

True/False

One important reason that managers allocate overhead costs to products is to promote the efficient use of resources.

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Definitions:

Contrast Effects

Previously interviewed job applicants affect an interviewer’s perception of a current applicant, leading to an exaggeration of differences between applicants.

Fundamental Attribution Error

This refers to the tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of external factors.

Distinctiveness Cue

A feature or characteristic that makes an object, person, or group stand out from others.

Consensus Cue

A social influence where the agreement among multiple parties or sources enhances the perceived validity of information or decisions.