Suppose company A can produce shovels for $8 each, axes for $12 each, and rakes for $15 each. Company B can produce shovels for $10 each, axes for $11 each, and rakes for $17 each. Company A sells each item for $5 more than its production cost. Company B sells shovels for $13, axes for $15, and rakes for $18. Which of the following statements is true? A. Company B has a comparative advantage in the production of shovels. B. Company B has a comparative advantage in the production of axes. O C. Company A has a comparative advantage in the production of rakes. D. Company A has a comparative advantage in the production of axes.

Anita has been named ceo of a popular sports apparel company. as ceo, she is tasked with setting the firm's corporate strategy. which of the following decisions is anita most likely to makea) whether to pursue a differentiation or cost leadership strategy b) which customer segments to target c) how to achieve the highest levels of customer satisfaction d) what range of products the firm should offer

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?