Ruth Terry is a realtor. In her ads, Terry offers the free use of a moving truck to every customer she helps either buy or sell a house. This free use of a moving truck is an example of a(n) ________
A) benefit
B) demand
C) social marketing concept
D) need
E) production orientation
A
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Engineers at a company in a developing country study an American computer chip design, copy it, and produce identical chips that are then sold to local computer makers. What form of intellectual property has been wrongly appropriated?
A) patent B) copyright C) trademark D) trade secrets E) technological
Dumping occurs when a company ________
A) entering a foreign market charges either less than its costs or less than it charges at home B) entering a foreign market charges more than the price in its home market C) entering a foreign market charges prices that are lower than those charged by its competitors in this market D) sets its price equal to its average cost of production E) exports its products to a foreign country to increase its revenue in spite of excess demand in the home country
Which of the following statements is (are) true with regard to the adequacy of IRA funds during retirement?
I. To assure lifetime income, the IRA funds can be used to purchase a life annuity. II. The duration of IRA benefit payments depends on the rate of return earned on the invested assets after retirement and the withdrawal rate. A) I only B) II only C) both I and II D) Neither I nor II
Suppose Walker Publishing Company is considering bringing out a new finance text whose projected revenues include some revenues that will be taken away from another of Walker's books. The lost sales on the older book are a sunk cost and as such should not be considered in the analysis for the new book.
Answer the following statement true (T) or false (F)