What is the main disadvantage of having a longer run for the test market?
A) It costs more and gives competitors time to formulate a counterattack.
B) It is difficult to gather information about customer attitudes as their responses to surveys may not be honest.
C) Customers might lose interest in the product.
D) The sales data gathered will not be useful for predicting actual sales.
A
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Under Economic Union, a doctor or lawyer qualified in one country can practice in another member country
Indicate whether the statement is true or false
The user of the ______ conflict style, also called the compromising style, attempts to resolve conflict through assertive give-and-take.
A. avoiding B. accommodating C. negotiating D. forcing
A brand ________ signifies what the brand presently stands for in the minds of others.
Fill in the blank(s) with the appropriate word(s).
A corporation received its charter and began business this year. The company is authorized to issue 500,000 shares of $100 par, 6%, noncumulative, nonparticipating preferred stock, and 1,000,000 shares of no-par common stock. The following selected transactions occurred during this year: Mar. 5Issued 250 shares of preferred stock for $102 cash per share. July 15Exchanged 750 shares of common stock for $12,000 in legal services incurred in the organization of the company. Prepare journal entries to record these transactions.
What will be an ideal response?