All of the following are benefits of new product development to a firm except
A. creating diversification and reducing risk.
B. avoiding market saturation from products that have been on the market for a long time.
C. reducing the costs of production.
D. keeping up in a market with short product life cycles where sales come mostly from new products.
E. satisfying the changing needs of current and new customers.
Answer: C
You might also like to view...
Under the indirect method, if a current liability account increases from the beginning of the year to the end of the year, what is the impact of the change on the statement of cash flows?
a. Cash inflow from financing activities is increased; b. Cash inflow from financing activities is decreased; c. Cash inflow from operating activities is increased; d. Cash inflow from operating activities is decreased; e. none of these.
Under which of the following conditions does the equipment lease qualify for capital lease accounting?
a. The lease contains a bargain purchase option. b. The lease term is equal to or greater than 75% of the asset's economic life. c. A, and B are correct answers. d. The lease transfers ownership to the lessee at the end of the lease term.
If a single taxpayer with a marginal tax rate of 24% has a long-term capital gain, it is taxed at
A. 25%. B. 15%. C. 20%. D. 0%.
John hired Tim to sell his house. Which statement is correct?
a. John is Tim's principal. b. Tim, but not John, can terminate the agency relationship. c. John, but not Tim, can terminate the agency relationship. d. Tim is John's principal.