Name and describe the principal decisions companies make regarding their individual products and services
What will be an ideal response?
Individual product decisions involve: (1 ) product attributes, (2 ) branding, (3 ) packaging, (4 ) labeling, and (5 ) product support services.
Product attribute decisions involve product quality, features, and style and design. Branding decisions include selecting a brand name and developing a brand strategy. Package decisions often include designing labels, which identify, describe, and possibly promote the product. Labeling identifies the product and may describe and promote the product and brand. Companies also develop product support services that enhance customer service and satisfaction and safeguard against competitors.
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____________________ is the consumption or exhaustion of natural resources
Fill in the blank(s) with correct word
The cost of goods sold for a company for the year was $1,600,000 . Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000 . The average number of days that the inventory was held during the year was
a. 8.0 days. b. 25.0 days. c. 39.6 days. d. 45.6 days.
Generally, either party to an agency relationship has the power to terminate it at any time
a. True b. False Indicate whether the statement is true or false
Which of the following hypotheses/theories asserts that there exists no optimal dividend policy, because a firm's dividend policy does not affect its value.
A. Dividend relevance theory B. Dividend irrelevance theory C. Clientele effect theory D. Signaling hypothesis E. Free cash flow hypothesis