A product that is perceived as new by a potential adopter, whether the product is "new to the world" or simply new to the individual, is a(n):
A. innovation
B. diffusion
C. discontinuous product
D. laggard
E. simulated new product
Answer: A
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In many countries, like China or Iraq, individuals focus more on background knowledge and their relationship with their conversational partner than on the spoken words. These are ______ cultures.
a. low-context b. collectivist c. high-context d. individualistic
The evaluation of company performance and financial condition focuses solely on past performance.
Answer the following statement true (T) or false (F)
Under a standard cost system, the journal entry to record direct labor includes ________.
A) a debit for standard direct labor quantity for actual production times standard direct labor cost per hour B) a credit for standard quantity usage for actual production times actual cost per hour C) a debit for actual quantity times standard cost per hour D) a credit for standard quantity for actual production times standard cost per hour
Promises to pay and orders to pay must be unconditional in order to be negotiable
Indicate whether the statement is true or false