Managers are considering outsourcing the subcomponents of a product.They collect data about the costs of making the subcomponents in-house.They then seek different bids from suppliers to purchase the subcomponents.What managerial activity applies in this situation?
A) controlling
B) continuous improvement
C) planning
D) decision making
Correct Answer:
Verified
Q215: What is the term for the monitoring
Q216: What is inspecting units produced to determine
Q217: What is investigating production variances and adjusting
Q218: What is setting the selling price of
Q219: What is comparing actual quality costs with
Q221: Disclosing all information,unfavourable as well as favourable,that
Q222: What is the Canadian designation held by
Q223: Altering the dates of shipping documents for
Q224: In resolving an ethical conflict,it would be
Q225: When a management accountant ignores data in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents