Per-unit gross margins on convenience products are relatively high.
Answer the following statement true (T) or false (F)
False
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All intangible assets should be amortized
a. True b. False Indicate whether the statement is true or false
The most appropriate strategy for a firm that wants consumers to see it as a specialist with a clear, specific position in the market is a(n) ________
A) full-line strategy B) limited-line strategy C) undifferentiated strategy D) upward line stretch E) downward line stretch
When the estimate of an asset's useful life is changed,
a. depreciation expense for all past periods must be recalculated. b. there is no change in the amount of depreciation expense recorded for future years. c. only the depreciation expense in the remaining years is changed. d. None of these are true.
Amanda has worked for Parks City Library for over ten years and has grown to love her job and her coworkers. Recently, there has been talk among the library workers that half of the existing workers will be transferred to the new library on the other side of town. Amanda is worried that Macy, her fellow worker of five years, will be one of the staff members moving to the new library. She hopes that both she and Macy will stay at the same library. What is Amanda’s reason for resisting change?
a. learning anxiety b. self-interest c. fear of loss d. uncertainty