In the ________ step of the new-product development process, a marketing manager evaluates how well the idea fits with the company's objectives.

A. screening
B. idea generation
C. roll-out
D. commercialization
E. development


Answer: A

Business

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According to the text, in economies like those that made up the former Soviet Union, accounting standards are relatively less complex due to the fact that they are just beginning to be developed

a. True b. False Indicate whether the statement is true or false

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When a product experiences an increase in the number of competitors, it is usually in the _____ stage of the product life cycle; however, when that competition becomes intense, it is in the ____ stage.

A. introduction; maturity B. introduction; growth C. growth; decline D. growth; maturity E. maturity; decline

Business

Eminent domain is the condemnation power of government to take land for public use

a. True b. False Indicate whether the statement is true or false

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Carlyle Inc. is considering two mutually exclusive projects. Both require an initial investment of $14,200 at t = 0. Project S has an expected life of 2 years with after-tax cash inflows of $7,400 and $13,600 at the end of Years 1 and 2, respectively. In addition, Project S can be repeated at the end of Year 2 with no changes in its cash flows. Project L has an expected life of 4 years with after-tax cash inflows of $6,000 at the end of each of the next 4 years. Each project has a WACC of 9%. What is the equivalent annual annuity of the most profitable project? Do not round your intermediate calculations.

A. $2,294.25 B. $2,156.59 C. $1,358.20 D. $2,454.85 E. $1,616.90

Business