Which Is Not a Part of Horizontal Differentiation

question 56

Multiple Choice

Which is not a part of horizontal differentiation?

• A) Specialization
• B) Division of labor
• C) Increased productivity
• D) Centralization

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Definitions:

Inventory Value

The total cost or market value of all the goods held by a company that are ready or will be ready for sale.

FIFO Inventory

An accounting method where the first items added to inventory are the first ones considered sold.

Net Realizable Value

The estimated selling price of goods minus the cost of completion and the costs necessary to make the sale.

Lower Of Cost

A accounting principle that mandates reporting the cost of inventory and other assets at the lower of their original cost or current market value.