The development of a garlic-butter flavored crescent rolls by Pillsbury would not be considered a new product since the company was already making crescent rolls. It would simply be called a line extension.
Answer the following statement true (T) or false (F)
False
Line extensions are considered to be a type of new product.
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A customer, in determining what a product or service is worth, considers the cost of producing the product or the service
Indicate whether the statement is true or false
Which of the following is a most effective source for obtaining employees for a short employment period?
A. Public employment agency B. Temporary help agency C. Advertisement D. Private employment agency
A partnership is a form of business that is:
A. owned by two people who share ownership of a single business. B. created to obtain financial sources from only one person. C. organized to provide a professional service for which each shareholder is licensed. D. formed for only civic, educational, charitable, and religious purposes.
An increase in the number of shares of common stock outstanding will increase a company's price-earnings ratio if the market price per share remains unchanged.
Answer the following statement true (T) or false (F)