What is important to remember when developing the "right" product?
A. The product must be easily available in the market.
B. The product must be competitive in the market.
C. The product must be unique to the market.
D. The product must bring in good profit.
E. The product must satisfy the customer's needs.
Answer: E
You might also like to view...
Roki Inc uses the periodic inventory system. June 1 On hand, 50 units @ $15.00 each $ 750.00 5 Purchased 115 units @ $15.10 each 1,736.50 14 Purchased 75 units @ $15.20 each 1,140.00 Total cost of goods available for sale $3,626.50 30 On hand, 90 units If Roki uses the LIFO inventory method, the cost of goods sold for June would be
a. $2,200.00 b. $2,272.50 c. $2,296.08 d. $1,354.00
Answer the following statements true (T) or false (F)
1. Compared to upper-level managers, lower-level managers tend to develop more single-use plans. 2. Middle- and lower-management levels usually engage in operational planning. 3. Due to the vastly different environmental factors they must address, corporate, business, and functional strategies are developed and executed independently. 4. The strategic planning process is not linear.
Rebecca knew her group was lagging in projections for their company deadlines. As project manager, she wanted to see them succeed rather than fail. Rebecca believed her group could meet the goal with a week extension deadline. She opted to be honest with her supervisor and ask for a deadline extension rather than fabricate inaccurate numbers for the original deadline. Which component of ethical behavior is Rebecca demonstrating?
A. component 1: moral sensitivity B. component 2: moral judgment C. component 3: moral motivation D. component 4: moral character
Steger Corporation was organized on July 15, Year 1. The company was authorized to issue 150,000 shares of $5 par value common stock and 50,000 shares of 9% cumulative class A preferred stock. The class A preferred stock had a stated value of $10 per share. Steger entered into the following stock transactions:a) Issued 50,000 shares of common stock for $22 per shareb) Issued 4,000 shares of the class A preferred stock for $20 per sharec) Issued 27,500 shares of common stock for $28 per shareRequired:Prepare the general journal entries required for these transactions.
What will be an ideal response?