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Slice-It Inc., a fast food organization operating in many countries, varies its menus in different countries according to local tastes and preferences. It groups together employees and tasks working in the same location. Which of the following structures is Slice-It Inc. using?
Standard Costs
The planned cost of manufacturing a product, which includes material, labor, and overhead costs, used for budgeting and performance evaluation.
Accounting System
A structured process used to record, track, and manage financial transactions and the financial position of an entity.
Standards
Preset criteria or benchmarks used to measure, compare, or judge quality, performance, or compliance.
Fully Efficient
Describes a state in which resources, including time, labor, and materials, are optimized to achieve maximum productivity and minimal waste in operations or processes.
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