Toyota, Sony, Olympus, and Komatsu are some of the well-known Japanese companies that use target costing, a process which is also known as "design to cost."

Formal groups in organizations fulfill organizational functions but not individual functions.

a. true b. false

The group of American consumers born after 1994 is often called ________

A) Millennials B) Generation Y C) Generation X D) baby busters E) Generation Z