Jaime has always targeted the 18–30 year-old-group for her product. She has now developed a promotional mix targeting affluent couples over the age of 45. Which method of extending the product life cycle is she using?

a. increasing the frequency of use
b. finding new uses for the product
c. identifying new users
d. quality modification
e. functional modification


c. identifying new users

Business

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Costs that are not related to any specific product, batch, or unit of production are referred to as facility-level costs.

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

Business

The marketing intelligence system uses corporate espionage to gather information about competitors

Indicate whether the statement is true or false

Business

According to Sorter and Gans, which of the following describes the intent of the Trueblood Committee Report’s second financial statement objective?

a. Financial statements should serve those with limited ability. b. Financial statements should serve special needs of specific users. c. Financial statements should serve the general needs of users. d. Financial statement should serve only those users who are very knowledgeable about financial statements and information.

Business

Rodrico tells his subordinates to make their quarterly financial goals by any means possible. His followers are likely to feel a sense of ______.

A. excitement B. anomie C. resistance to authority D. failure

Business