7. Which of the following costs should not be included in product costs for internal management reports that are used for decision-making? Costs of unit-level activities. Costs of batch-level activities. Costs of product-level activities. Costs of organization-sustaining activities.
7.
Which of the following costs should not be included in product costs for internal management reports that are used for decision-making?
Costs of unit-level activities.
Costs of batch-level activities.
Costs of product-level activities.
Costs of organization-sustaining activities.
8.
The following are advantages of applying the value chain analysis in strategic cost management. Which provides the LEAST effect?
The identification of EXCESSIVE RESOURCE USAGE in value adding activities and the potential to avoid them
The identification of NON-VALUE ADDING ACTIVITIES and the potential to avoid them
The identification of COSTS THAT ALLOW PRODUCT DIFFERENTIATION and prioritizing them
The identification of EXCESSIVE COMMITTED AND FIXED COSTS, and the potential of avoiding them
9.
Aling Rosa is a sari-sari store owner. Along the street where she operates her store, there are three other stores offering similar products at similar prices. What should she do to allow her business to thrive in the next three to five years?
Determine whether building good supplier relations will allow her to lower costs, and therefore provide lower prices.
Determine whether selling hard-to-get items will allow her to attract customers.
Identify a customer group within her barangay or street, particularly those with unsatisfied needs and wants in terms of product and service offerings, and consider changing the business model towards that buyer preference.
All of the above.
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