Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Produce many defective products.

Q: Which of the following is not one of the benefits of breakeven analysis to businesses? A.…

A: A break-even analysis is a financial tool

Q: Which one of the following statement is not correct? Group of answer choices -Opportunity costs are…

A: Managerial accounting is helpful in decision-making related to a product whether the product should…

Q: The barrier to entry that helps reduce the threat of new entrants for an incumbent firm using a…

A: Cost Leadership: in cost leadership a company has lower cost of operation. Cost leadership company…

Q: 1)What is cost behavior analysis? and Why is cost behavior analysis important to management?…

A: A break-even point is a point or number of units at which all the revenues generated by the company…

Q: Which of the following is NOT a principle of lean manufacturing? a. Products are pushed from the…

A: Lean manufacturing: It is method that is used with focus of minimizing the waste that are within a…

Q: A business that has a low operating leverage is considered normal for highly automated manufacturing…

A: Low operating leverage is  preferable  only for  those organizations  which has low fixed costs

Q: In a strategy meeting, a manufacturing company’s president said, “If we raise the price of our…

A: Unit contribution margin is calculated by subtracting variable expenses including manufacturing,…

Q: Choose the correct. Which of the following does not represent a primary motivation for business…

A: Definition:   Business combination: Business combination refers to the combining of one or more…

Q: These are measures not found in the chart of accounts, such as customer satisfaction scores or…

A: Since you have asked multiple questions, we will solve the first question for you . If you want any…

Q: When deciding whether to sell as is or process a product further, managers should ignore which of…

A:

Q: Which of the following statements is true regarding CVP analysis? Select one: A. CVP is only useful…

A: Fixed Cost: The fixed cost is a a type of cost that remains constant whether the activity level of…

Q: Discuss some of the limitations and problems that companies may encounter when implementing a JIT…

A: JIT system refers to Just-in-time which implies that it is a method of managing the inventory. It…

Q: Which of the following does not represent a primary motivation for business combinations?a.…

A:

Q: he following sentences relate to achieving the financial goal of cost minimization. Which of the…

A: Cost minimization is a concept by which producers try to figure out how costs should be reduced.…

Q: Which of the following is NOT one of the common exit barriers? Select one: O a. A high return unit…

A: The question is related multiple choice question and is related to reason not common  for exit…

Q: Distinguish how SFS could use Target Costing and Kaizen Costing to improve its future performance.…

A: Target Costing and Kaizen Costing to improve its future performance by the following manner –…

Q: Michael Porter argues a firm cannot be at the same time a cost leader and a differentiator. Do…

A:

Q: Zane Brady, manager of XLT Manufacturing Ltd, which is a large firm that sells a unique product…

A: The given statement is incorrect ..  large firm that sells a unique product declares: “It is not…

Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

A:

Q: Which of the following statements is not correct about ESG? a.A mature ESG presence helps companies…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which of the following is not true regarding continuous improvement?A. It applies to both service…

A: Continuous Improvement means business or process should be improving on regular or continuous basis.…

Q: Which of these efforts or actions (i.e., changing values) requires managing quality, i.e., decrease…

A: Product production comprises all operations associated to the creation of a deliverable product,…

Q: Which statement is FALSE about product-market fit?

A: Product market fit is a strategy to find which product caters to the demand of the market. It is…

Q: Companies enjoy many benefits of using JIT. Which is not a benefit of adopting JIT? Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: A business that has a low operating leverage is considered normal for highly automated manufacturing…

A: Business is defined as any activity that assists in earning an income for the owner or the person…

Q: Please explain the statement below thourougly with an example to illustrate the answer.

A: The statement "A product with a high gross profit could be an unprofitable product" is false as a…

Q: Determine which one of the following statements is correct: O a. Achange in the sales mix will…

A: The breakeven point is the point where a company does not have any profit and loss from their sales,…

Q: dentify each of the following risks as most likely to be systematic risk or diversifiable risk: The…

A: Systematic risk is the risk which is caused by macroeconomic factors also known as market risk.…

Q: How can poor quality be expensive to the firm, especially if low-cost raw materials are used to…

A: The final objective of Cost Accounting is to reduce cost. Every firm wants to reduce cost thereby…

Q: WHICH OF THE FOLLOWING IS NOT A CHARACTERISTIC SHARED BY SUCCESSFUL ENTREPRENEUR? a. Passion. b.…

A: An entrepreneurship is referred to as the creation or the value's extraction. An entrepreneurship…

Q: which of the following is considered a signal of success for a manufacturing company? A) A low quick…

A: The inventory turnover ratio measures the effectiveness of a company’s manufacturing process. This…

Q: The purpose of internal control is to have proper control over business. Proper control means, the…

A: The purpose of internal control is to have proper control over business. Proper control means, the…

Q: Which of the following marketing concepts believes that consumers will not buy enough of the…

A: The answer is Selling Concept

Q: Companies enjoy many benefits from using JIT. Which is not a benefit of adopting JIT? a. Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: Suppose that Adriana’s decision was prompted mostly by the desire to receive the computer quickly.…

A: Internal Processes are those process and procedures which every company follows to improve…