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Volgvan
2 years ago
13

Target costing sets costs based on the price that customers are willing to pay.

Business
1 answer:
Alisiya [41]2 years ago
6 0

It is False that Target costing sets costs based on the price that customers are willing to pay.

Because target costing estimates product cost by subtracting a desired profit margin from a competitive market price. As the target cost makes reference to the competitive market, it is fundamentally customer-focused and an important concept for new product development.

Costing is any system for assigning costs to an element of a business.

Competitive is most commonly used to describe a person who has a strong desire to compete and win.

Development is the act, process, or result of developing the development of new ideas an interesting development in the case.

To know more about the Costing here

brainly.com/question/24130824

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W.W. Grainger, Inc. is one of the world's largest largest business-to-business distributors of equipment, component parts, and s
cestrela7 [59]

Answer:

Merchant wholesaler

Explanation:

A merchant wholesaler is a business owner that specializes in purchasing goods in large quantities and then sell to other retailers and wholesalers.

Since they purchase their products in large quantities, they have different warehouses in their acquisition. These warehouses are used to store the products.

Merchant wholesalers are very vital in the chain of distribution as they facilitate the smooth movement of goods which takes places between the producers and the retailers.

In the scenario described above, W.W. Grainger is an example of a merchant wholesaler.

6 0
3 years ago
Discuss motivation hygiene theory proposed by Fredrick Hertzberg
egoroff_w [7]

Answer:

This answers may help you

6 0
3 years ago
Many managers describe performance appraisal as the responsibility that they like least. Why is this so? What could be done to i
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Answer:

Performance appraisal is by its very nature subjective.  To improve the situation, as much as it is possible, objectivity should be allowed to rule all appraisal processes.

Explanation:

Performance appraisal is the formal evaluation of employees by their managers for the purpose of aligning employees' performance to the achievement of corporate objectives.  To achieve goal congruence between employees who have different objectives for their work and the organization which wants to achieve profit and other corporate goals, performance appraisals are carried out periodically.  However, the process has been marred by manager's bias, incompetence, and other problems.

4 0
3 years ago
(TCO C) Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capi
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Answer:

7.02%

Explanation:

(0.10/9.5)/0.15 = 7.02%

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