Answer:
E. Service entities cannot use ABC for overhead allocation.
Explanation:
ABC costing is limited to use when the cost can be directly traced to a certain activity. All of the Activities are volume driven and overheads would be incurred in small proportion to the overall cost.
During Forming stage of team development is there a high dependence on the leader for guidance and direction as there will be little agreement on team goals.
Because the forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. High dependence on the leader for guidance and direction. Little agreement on team objectives other than those received from the leader. Individual roles and responsibilities are unclear.
Orientation is the act or process of orienting or the state of being oriented.
Leadership is the art of motivating a group of people to act toward achieving a common goal.
Responsibilities are the quality or state of being responsible.
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Answer:
The answer is A. developing a strategic vision, mission and values.
Explanation:
When companies formulate strategy, It involves choosing the most appropriate method or course of action that will help in actualizing the companies goals.
Strategy formulation and execution is important for the achievement of goals of an organisation because it helps to provide a path that the organisation will follow towards achieving their objectives.
In formulating and executing strategy, the first step to take is to develop a strategic vision, mission and values for the organisation.
The stage of vision , mission and value statement requires the organisation to state clearly why it is existing, what it intends to achieve, how it intends to achieve it, and the various guiding principles that will assist such organisation in achieving it goals and objectives.
I believe the answer is:
- What can go wrong?
This question is asked to find out the potential risk that may occur after purchasing the product.
- What is the likely return?
This question is asked to find out potential benefit from consuming the product
-Is the risk worth the return?
<span>The purchase should be made only if the potential benefit would outweigh potential risk
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Unit pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit of service.
