Procter & Gamble's Vidal Sassoon shampoo smells the same worldwide, but the amount of scent used varies from country to country. This is an example of which type of marketing mix strategy?

A. countertrading
B. product invention
C. global market standardization
D. product licensing
E. product adaptation


Answer: E

Business

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Digital signage is visual content that is displayed on a monitor delivering video clips or price of merchandise. Which of the following is not a benefit of digital signage?

A. The time to message hurdle B. The cost of the display and devices C. The enhancement of the store environment D. The atmosphere it provides E. The displays of complex graphics and videos

Business

Stock A has a beta = 0.8, while Stock B has a beta = 1.6. Which of the following statements is CORRECT?

A. If the marginal investor becomes more risk averse, the required return on Stock B will increase by more than the required return on Stock A. B. An equally weighted portfolio of Stocks A and B will have a beta lower than 1.2. C. If the marginal investor becomes more risk averse, the required return on Stock A will increase by more than the required return on Stock B. D. If the risk-free rate increases but the market risk premium remains constant, the required return on Stock A will increase by more than that on Stock B. E. Stock B's required return is double that of Stock A's.

Business

During the month, a company was informed that a check they had issued was accidentally destroyed. On the bank reconciliation, the company would

A) deduct the amount from the balance per the company's records B) deduct the amount from the balance per the bank statement C) Add the amount to the balance per the bank statement D) Add the amount to the balance per the company's records

Business

Cash inflows and outflows are not netted in any activity section of the statement of cash flows but are separately disclosed to give the reader full information

Indicate whether the statement is true or false

Business