Question 5 (1 point) "Value Engineering" involves O minimizing all costs in the 6 components of the Value Chain, while maintaining the product attributes the customer is willing to pay for minimizing all costs in the 6 components of the Value Chain minimizing all costs in the "Production" component of the Value Chain O minimizing all costs in the "Production" component of the Value Chain, while maintaining the product attributes the customer is willing to pay for Question 6 (1 point) An example of an "Internal-Business Process" perspective of the BSC would be all of the listed answers are correct an organization's quality improvement record an organization's safety record an organization's on-time delivery record Question 7 (1 point) Product Life-Cycle pricing strategies address the fact O over the product's life, some products will encounter different prices customers are willing to pay other than those due to inflationary pressures both listed answers are correct Onone of the 2 listed answers are correct over the product's life, some products will encounter cost changes other than those experienced due to inflationary pressures Question 8 (1 point) The "3 C's", when it comes to pricing decisions, consist of capital, contribution margin, costs compensation, competitors, capacity customers, capital, costs customers, competitors, costs Question 9 (1 point) Fill in the Blan........."The number of research assistants assigned to each product line is used as a basis for assigning R&D department costs to the product lines." This is an example of the cost-allocation criteria cause and effect fairness or equity ability to bear benefits received Question 10 (1 point) Which of the following is performed 1st in a "Target Pricing" strategy ? O value engineer costs O analyze costs Oset a price that that will provide the required return on investment Oset a price customer's are willing to pay for the product/service