Globalization is a specific strategy that treats the world as one market by using a standardized approach to products and markets

In which of the following methods does the most recent costs of purchasing inventory remain in the ending inventory?

a. FIFO b. weighted averaging c. moving averaging d. specific identification e. LIFO

When companies search for new ways to satisfy customers and distinguish their offering from others, they look at the ________ product, which encompasses all the possible augmentations and transformations of the product

A) consumption B) expected C) potential D) augmented E) basic