Decisions Related to Choices About Product and Service Mix, Facilities

question 91

Multiple Choice

Decisions related to choices about product and service mix, facilities locations, and new technologies are most likely to be a part of the _____ strategy of an organization.

• A) branding
• B) marketing
• C) corporate
• D) functional
• E) business

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Definitions:

Direct Labor Costs

Costs that are directly associated with the production of goods, such as wages paid to manufacturing staff.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual jobs or products based on a specific activity base.

Fixed Manufacturing Overhead

Manufacturing overhead costs that remain constant regardless of the level of production or activity volume.

Direct Labor Costs

The wages or salaries paid to workers who are directly involved in the production of goods or services.