The standard labor rate is: Multiple Choice the amount of time that workers should take to produce a single unit of product. the amount of time that workers should take to produce a single unit of product times the expected hourly cost of labor. the expected hourly cost of labor, excluding employee taxes and benefits. the expected hourly cost of labor, including employee taxes and benefits.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position