Americans are currently living longer now than in the past because of advances in medicine. As a result, the sale of products that meet the needs of older individuals, such as devices that assist in walking and movement, have increased. In the context of an industry's macroenvironment, age is considered which type of force?
A. Technological
B. Demographic
C. Social
D. Political
E. Legal
Answer: B
You might also like to view...
Amortization of bond premium results in a(n)
a. decrease of the carrying value of bonds. b. no change in stockholders' equity. c. increase in interest expense. d. decrease in the cash account.
Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store launched three different models to cater to low-, middle-, and high-income groups. The freezers are also priced accordingly. These freezers are exclusive to Dream Homes and cater to all customer segments. This pricing strategy involving price points within a merchandise category is known as
A. odd pricing, B. price bundling. C. price lining. D. leader pricing. E. zone pricing.
Answer the following statements true (T) or false (F)
1) An outsourcing decision is a choice made by management about whether to make a component internally or buy it from an outside source. 2) A company should process its product further if the additional revenue from further processing exceeds the additional cost of further processing. 3) A company should process its product further if the additional processing generates higher sales revenues. 4) Airbolt Avionics makes aircraft instrumentation. Their basic navigation radio requires $140 in variable costs and requires $4,000 per month in fixed costs. If it processes the radio further to enhance its functionality, it will require an additional $20 per unit of variable costs and $300 per month in fixed costs. The marketing manager believes the sales price of the radio can be increased from $250 to $290. In making this decision, the amount of additional fixed costs per month is a relevant cost. 5) An operational asset used for a long period of time is known as a capital asset.
Pete wants to build a legacy and wants security and fair rewards. He is likely a member of which generation?
A. boomer B. traditionalist C. millennial D. Gen Xer