A supervisor's salary is an example of:

A. Direct labor.

B. Variable factory overhead.

C. A standard cost.

D. Fixed manufacturing costs.

D

Business

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The notion of competitive advantage means that:

a. a successful firm will stake out a position unique in some manner from its rivals. b. the advantage can be enjoyed only for a short period. c. a company manufactures products which are similar to those of its competitors. d. an established firm focuses solely on developing a low-price competitive advantage.

Business

Foreign business refers to the operations of a company outside its home or domestic market

a. true b. false

Business