As Georgina enters Audio Jetz car electronics department, she is asked by the salesperson if she has seen the new plug-in cell phones with coffee-warming app. She answers that she didn't know that this type of app for cars was available. Based on this information, she is now in what stage of the product adoption process for this item?
A. Awareness
B. Interest
C. Evaluation
D. Trial
E. Adoption
Answer: A
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Which of the following are defined in the text as broad rules that guide the accounting function?
a. Input-oriented principles b. Output-oriented principles c. Basic principles d. Axioms
Members of quality circles are:
A) paid according to their contribution to quality. B) external consultants designed to provide training in the use of quality tools. C) always machine operators. D) all trained to be facilitators. E) None of the above; all of the statements are false.
Adding a complementary product to what is currently being produced is a demand management strategy used when:
A) demand exceeds capacity. B) capacity exceeds demand for a product that has stable demand. C) the existing product has seasonal or cyclical demand. D) price increases have failed to bring about demand management. E) efficiency exceeds 100 percent.
Assume that the current interest rate on a one-year bond is 8 percent, the current rate on a two-year bond is 10 percent, and the current rate on a three-year bond is 12 percent. If the expectations theory of the term structure is correct, what is the one-year interest rate expected during Year 3? (Base your answer on an arithmetic average rather than a geometric average.)
A. 12% B. 16% C. 13% D. 10% E. 14%