Nike Outsources Manufacturing So That It Can Focus on Product

question 69

Multiple Choice

Nike outsources manufacturing so that it can focus on product development, logistics, brand management and ________.

• A) customer retention and expansion
• B) innovative merchandising
• C) research and development with new technologies
• D) business analysis

Prepare flexible budgets showing variable and fixed costs for different sales volumes.

Understand and compute direct materials price and quantity variances, and interpret them as favorable or unfavorable.

Prepare and understand journal entries for the issuance of direct materials into production.

Compute direct labor rate and efficiency variances, and interpret their implications.

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Definitions:

Neurons

Basic working units of the brain, specialized cells that transmit information to other nerve cells, muscle, or gland cells.

Interpreter

A person who translates spoken or sign language into another language.

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Mental processes or ideas that occur in the mind, ranging from abstract concepts to concrete plans.

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Observable actions or responses of an individual or a system in response to external or internal stimuli.