Question: Please answer these three simple multiple questions. No explanation is necessary. 1). The predetermined overhead rate is: b). Determined on a moving average basis throughout

Please answer these three simple multiple questions. No explanation is necessary.

1). The predetermined overhead rate is:

b). Determined on a moving average basis throughout the year.

C). not calculated until actual overhead costs are incurred.

d). determined at the beginning of the year.

e). determined at the end of the current year.

2). In diagnosing performance problems in organizations, it is important to consider:

a). Skill deficiencies

b). Motivational issues

c). Both skill and motivational issues

d). That many employees have a poor work ethic

e). None of the above

3). Market Orientation is an organizational philosophy that can guide a firm's decisions and actions. Which of the following statements best captures the essence of this philosophy?

a). The primary goal of a firm is to earn a profit, while also ensuring that the firm satisfies its customers

b). The primary goal of a firm is to create value for its customers while staying profitable and competitive

c). A firm primarily exists to create value for its customers, even if it means sacrificing competitiveness

d). The primary goal of a firm is to provide the highest possible quality to its customers at the lowest possible price

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