A producer is likely to focus its promotion effort on stimulating selective demand at which stage in the product life cycle?
A. market growth
B. market introduction
C. when primary demand is exhausted
D. sales decline
E. market maturity
Answer: A
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Private plaintiffs who seek to recover treble damages under the Sherman Act need not convince the court that they have standing to sue.
Answer the following statement true (T) or false (F)
The JIT operating philosophy must be adopted by everyone in a company before its total benefits can be realized
Indicate whether the statement is true or false
The intentional confinement or restraint of another person without authority or justification and without consent is called ________.
A. extortion B. blackmail C. false imprisonment D. battery
In 2014, Climber Corporation issued for $110 per share, 18,000 shares of $100 par value convertible preferred stock. One share of preferred stock may be converted into three shares of Climber's $30 par value common stock at the option of the preferred shareholder. On December 31 . 2015, all of the preferred stock was converted into common stock. The market value of the common stock at the
conversion date was $40 per share. What amount should be credited to the common stock account on December 31 . 2015? a. $1,620,000 b. $1,800,000 c. $1,318,000 d. $1,960,000