Which of the following is least likely to affect the cost an organization incurs in producing its products or services?
A) price
B) productivity
C) location
D) quality
E) inventory management

Question

Which of the following is least likely to affect the cost an organization incurs in producing its products or services?
A) price
B) productivity
C) location
D) quality
E) inventory management

Quizplus · Accepted Answer

Price is typically determined by external market factors and consumer demand, and therefore has less direct influence on the cost of producing a product or service. Factors such as productivity, location, quality, and inventory management are all internal factors that can significantly impact production costs.

Which of the Following Is Least Likely to Affect the Cost