What do yo-yo, aspirin, and thermos all have in common in a marketing sense?
A. They were all once brand names that have since been declared generic terms.
B. They are all heavily promoted during daytime television.
C. They are examples of functional product modification.
D. They have extremely high brand loyalty.
E. They are all examples of private-label brands.
Answer: A
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Surge Company reports the following information at December 31, 2015: Revenue $150,000 Cash 30,000 Accounts payable 40,000 Dividends 10,000 Expenses 85,000 What is Surge Company's net income?
a. $ 15,000 b. $ 45,000 c. $ 55,000 d. $ 65,000
Which of the following statements is correct? The client-server model
a. is best suited to the token-ring topology because the random-access method used by this model detects data collisions. b. distributes both data and processing tasks to the server's node. c. is most effective used with a bus topology. d. is more efficient than the bus or ring topologies.
Tactical plans
A. are itemized projections of revenues and expenses for a future time period. B. are specific and long-term compared to strategic plans. C. are operational plans. D. are broad, operational plans on which strategic plans are based. E. are the basis for creating a company's vision statement.
The Responsible Company completed the following transactions involving investments during 2012. Purchased 20-year treasury bonds for $80,000 Sold available-for-sale securities (cost $80,000 ) for $100,000 Purchased trading securities for $55,000 Responsible uses the indirect method to prepare the operating activities section of the statement of cash flows. The following statements describe how
Responsible reported the cash flow effects of the transactions above on its 2012 statement of cash flows. Which of the following has been reported incorrectly by Responsible? A) Payments of $80,000 for 20-year treasury bonds were reported as a cash outflow in the operating activities section. B) Proceeds of $100,000 were reported as a cash inflow in the investing activities section. C) Payments of $55,000 for trading securities were reported as a cash outflow in the investing activities section. D) A gain of $20,000 on the sale of available-for-sale securities was deducted from net income in the operating activities section.