The practice in which companies frequently come out with new models of a product that make existing models obsolete is an ethical issue related to new-product development and is termed

A. diversion.
B. bait-and-switch.
C. planned obsolescence.
D. diffusion.
E. time to market.


Answer: C

Business

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Which of the following forecasting methods uses certain macroeconomics variables to forecast changes in the economy, based on the fact that changes in these variables occur before changes in the economy?

A) correlation analysis B) exponential smoothing C) leading indicators D) regression analysis

Business

Answer the following statements true (T) or false (F)

1. Reminding someone of past favors or offering to trade favors as a method to influence him is known as using coalition tactics.  2. Inspirational appeals are considered a soft tactic among generic influence tactics.  3. Gaining commitment as a response to an influence tactic is most likely to occur when pressure tactics are used.  4. Physical fitness, one of the biophysical traits, is considered to be a key leadership trait.

Business

The owner of Second Sighting, a consignment clothing store, has purchased a full showing with the local bus company. What will the store owner most likely receive?

A. An ad will be placed in every transit shelter for a month. B. A floor display will be put in the main bus terminal. C. A take-one display will be affixed to interior ads in buses. D. A discounted rate for purchases will be listed on outside posters on a bus. E. A card will be placed in every bus operated by the transit system.

Business

The principle that assumes the reader of the financial statements is not interested in the liquidation values is:

a. conservatism. b. matching. c. time period. d. realization. e. None of the answers are correct.

Business