Anew product task team met for the first time. tony, the team leader, was particularly stressed that day from work and home issues, and he answered questions gruffly. tony’s gruff manner, thick new york accent, and age (over sixty years old) were interpreted by some team members to mean that tony was closed-minded to new ideas and would be difficult to work with. over time, the team asked fewer questions or offered few new ideas. tony became gruffer because of his frustration with the team’s lack of participation. tony felt pressure to move the project forward, so he pushed ahead with his own ideas. team members grumbled to themselves that he was exactly what they first thought. this is an example of:

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?

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?