How did Henry Ford implement target costing in his business? Multiple Choice He would calculate the...
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How did Henry Ford implement target costing in his business? Multiple Choice He would calculate the cost of the product, and then set the price based on that cost He set a price that would result in more sales, and then would work ta force costs down by finding the highest point of efficiency. He would let processes be flexible depending on the Individual buying the product so that more people would be willing to buy. He only focused on costs and the process of reducing costs. He didn't care how high costs were as long as he was selling a large quantity of product. How did Henry Ford implement target costing in his business? Multiple Choice He would calculate the cost of the product, and then set the price based on that cost He set a price that would result in more sales, and then would work ta force costs down by finding the highest point of efficiency. He would let processes be flexible depending on the Individual buying the product so that more people would be willing to buy. He only focused on costs and the process of reducing costs. He didn't care how high costs were as long as he was selling a large quantity of product.
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Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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