Author Question: Which of the following would make life-cycle budgeting particularly important to implement? (Read 73 times)

kodithompson · **on:** Mar 6, 2021

Question 1

Which of the following best describes customer life-cycle costs?
◦ costs incurred by the selling company to satisfy the customer.
◦ costs to the customers for buying and using a product.
◦ same as the selling life-cycle prices.
◦ replacement costs of using a product or service.

Question 2

Which of the following would make life-cycle budgeting particularly important to implement?
◦ a very short R&D period with minimal costs but with an emphasis on speed to market
◦ a product that will be brought to market very quickly and will only be offered for a limited time
◦ the development period for a product is long and that the R&D needed and the design activities are costly
◦ a service that will be offered once this year and then eliminated as a result of a proposed sale of a division

cascooper22 · **Reply #1 on:** Mar 6, 2021

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