Forecasting consists of monitoring and adjusting accordingly

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T or F

1) In determining outsourcing decisions, working on the outsourcing contract has less strategic importance than identifying opportunities for outsourcing.

2) The use of the latest technology frequently allows a competitive advantage from product/service differentiation but at a higher cost.

3) When a company measures the differences between service expectations and performance perceptions, it is performing a formal service quality evaluation process.

4) One of the key jobs of forecasting consists of monitoring and adjusting accordingly

5) In accounting, a large sunk cost has a large effect on the decision at hand.

Reference no: EM132228045

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