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NEW QUESTION: 1
Al bought a digital camera from his local electronics store. When he first used it he found the zoom lens function was inoperative because a gear was installed improperly. For the manufacturer of the camera this would be categorized as what type of cost?
A. Internal Failure Cost
B. Prevention Cost
C. Appraisal Cost
D. External Failure Cost
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
All of the following are barriers to entry into an industry except which one?
A. Low price elasticity of demand for the product
B. Extensive product differentiation in the industry
C. Important production processes are subject to patents
D. The existence of significant economies of scale
Answer: A
NEW QUESTION: 3
What can be described as an operating model for the creating and management of products and services?
A. Governance
B. Service value chain
C. Practices
D. Guiding principles
Answer: B
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