The process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors' technologies is called ___________?
Correct answer: D. reverse engineering
- A. outsource engineering
- B. off shore engineering
- C. target engineering
- D. reverse engineering
Explanation
Reverse engineering involves disassembling and studying a competitor’s product or processes to understand its design, technology, and cost structure. It is different from outsourcing or offshore engineering.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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