The process of broadening the use of an organization's current brand to include new products is called

A. product extension.
B. brand revitalization.
C. brand extension.
D. co-branding.
E. cannibalization.


Answer: C

Business

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Changing the method of valuing inventory ignores the principle of ________.

A) conservatism B) consistency C) disclosure D) materiality

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With the help of which of the following, a marketing manager can assess competitors' core strategies?

A) talking to the competitors' employees B) studying the competitors' marketing communications C) talking to the customers D) studying the government data sources

Business

Calculate the accounts receivable turnover ratio for 2019. (Round your answer to two decimal places.)

National, Inc. provides the following data:



For the year ending December 31, 2019:



A) 5.60 times

B) 4.11 times

C) 3.50 times

D) 2.86 times

Business

A salesperson for a security company walks into a prospect's office and says, "According to a recent FBI study, 10 percent of your employees have stolen something tangible from your company." The salesperson is most likely using the ________ approach.

A. testimonial B. scare-tactic C. shock D. proof statement E. curiosity

Business