Which of the following is (are)a key feature of target costing?
A)The use of cross-functional teams.
B)A focus on the customer.
C)A focus on product design.
D)A focus on process design.
E)All of thesE.

Question

Quizplus · Accepted Answer

Target costing involves a range of different processes and approaches, all of which are focused on creating products that are more competitive and profitable. Some of the key features of target costing include the use of cross-functional teams to bring together disparate areas of expertise and knowledge, a focus on the customer and the needs and wants of their target market, a strong focus on product design to ensure that products are optimized for both cost and quality, and a focus on process design to ensure that production and other processes are as efficient as possible. All of these features are critical to the success of a target costing approach, and they must be carefully implemented and managed to ensure that the best possible outcomes are achieved.

Which of the Following Is (Are)a Key Feature of Target