Koolers Incorporated feels that at its current stage-growth-it needs to meet its competition. It can best do this by all of the following means except
A. initiating product improvements.
B. expanding the product line to appeal to specialized market segments.
C. lowering prices.
D. emphasizing customer service and prompt credit for defective products.
E. eliminating less profitable versions of the product.
Answer: E
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A) I only B) II only C) both I and II D) neither I nor II
According to Maslow's hierarchy of needs model, the first needs most people would try to satisfy are their _____ needs.
A. safety B. physiological C. economic D. esteem E. derived
Select the correct statement regarding managerial and financial accounting.
A. Users of managerial accounting information desire greater aggregation than do users of financial accounting information. B. Timeliness is more important in financial accounting than in managerial accounting. C. Financial accounting is more highly regulated than managerial accounting. D. Both managerial and financial accounting use economic and physical data in addition to financial data.
Which of the following statements regarding the earned income credit is true?
A. A 70-year-old taxpayer with no dependents can qualify for the credit in certain circumstances B. It is possible that a taxpayer with more earned income may receive more credit than a taxpayer with less earned income C. It is a nonrefundable credit D. A taxpayer whose only source of income is interest from corporate bonds is eligible for the credit