Answer: A. units transferred out less units in beginning work in process
Answer:
Classifications :
- Direct Costs
- Indirect Costs
- Product Costs
- Period Costs
- Variable Costs
- Fixed Costs
Reasons for classifying costs :
- Inventory valuation
- Profit Measurement
Explanation:
The first step in Cost Classification if to Identify the Cost object.The Cost object is the unit or entity for which determination of cost is required.
By observing the cost accumulating on the cost object we would identify two types of costs :
- Direct Cost - Costs that can be traced on the cost object
- Indirect Cost - Costs that can not be directly traced on the cost object
Another category used to classify costs is whether or not they will be included in product valuation.
- Product Cost - Attached to Product and included in valuation
- Period Cost - Not attached to product and thus not included in product valuation
Lastly the Costs Behaviors bring about different classifications as follows :
- Variable Costs
- Fixed Costs
- Semi-fixed Costs
- Semi - Variable Costs
Answer:
competitive advantage.
Explanation:
Competitive advantage -
It refers to the strategy , by which a company is capable to generate the same or similar goods and services , in avery lower price or in a manner , which can not be copied by anyone , is referred to as a competitive advantage .
The strategy makes the company profitable and better than other companies , and have a upper hand over other companies .
And these companies give a tough competition to the other companies , by their goods and services .
Hence , from the given scenario of the question ,
The correct term is competitive advantage .
<em>uh- ok??? (IMSORRYIMJUSTCONFUSED)</em>
Explanation:
In an organization, human capital is grouped into different teams and units in order to assist in achieving organizational goals and objectives. The study of organizational behavior will assist in understanding how people of different profiles and personalities will behave according to their functions and groupings.
In a practical illustration, <u>managers can analyze the organizational structure</u> to align their decisions and increase their control. In organizations with a decentralized structure, managers can set up decision-making units to evaluate new ideas and innovative concepts.
<u>Organizational policies</u> and procedures must also be developed comprehensively, and firstly complied with by the company's leadership, so that each employee feels ethically protected and has as an example how to act and work in that organization.
It is also necessary to have a<u> well-established communication system</u>, so that there is no noise and so that the information is shared in an ideal way.
Finally, <u>integrating ethical work with technologies</u> that make work easier and faster are some techniques that can help managers to maximize business success.
