Which of the following is NOT considered a source of short-term financing?

Improving customer service, investing in production R&D, and striving for input quality are drivers that

a. lower costs. b. blur product recognition. c. enhance differentiation. d. lead to commodity-like products.

Which of the following is an example of how managers use product cost reports to control costs?

A) setting product prices high enough for the company to be profitable B) providing cost of goods sold for the income statement C) determining if newer, more efficient equipment should be acquired D) promoting products that are most profitable