Which type of product has a product life cycle curve that is a steep up-and-down curve because consumers rapidly adopt and then abandon the product?

A. fashion products
B. low-learning products
C. slow-learning products
D. fad products
E. high-learning products


Answer: D

Business

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Employment tribunals form part of which branch of the UK legal system:

a. civil law b. criminal law c. common law d. social law

Business

The net method of recording purchases refers to recording:

A. Inventory at the lower of cost or market. B. Purchases at the full invoice price, without deducting any cash discounts. C. Specified amounts and timing of payments that a buyer agrees to in return for being granted credit. D. Inventory at its selling price. E. Purchases at the invoice price less any cash discounts.

Business

In Harris v. Forklift Systems, a woman sued her employer based on the conduct of her male boss. The Supreme Court held:

a. all offensive conduct is illegal sexual harassment b. even if the subject of the harassment does not care, an employer may still be liable for remarks that a reasonable person would find offensive c. the woman failed to show mental distress sufficient for a cause of action under Title VII d. employers will be liable only if the employee can prove physical harm e. none of these

Business

What role does wholesaling play in the marketing channel? Is this role necessary?

What will be an ideal response?

Business