The process of creating a set of specifications from which the product can be produced is called
A. technology.
B. research and development.
C. design planning.
D. product design.
E. a product line.
Answer: D
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Indicate whether the statement is true or false
Of the following, which is a potential disadvantage of using a simulated test market?
A) It is not as accurate as full scale test markets. B) The distribution network may or may not properly represent the firm's actual distribution system. C) It is often very time consuming and expensive. D) They allow competitors to acquire knowledge of the test. E) all of the above
All of the following are used in estimating a depreciable asset's useful life except
a. the asset's present condition. b. the useful life required by the government for tax purposes. c. experience with similar assets. d. current technology and industry trends.
Which large U.S. nonprofit has "gone international" – establishing major international operations?
a. The Salvation Army b. Habitat for Humanity c. Komen Race for the Cure d. The Arthritis Foundation e. Easter Seals