In today's society, environmental safety has caused marketers to rethink their products. Now many products include some type of environmentally friendly packaging. These products are being marketed as safer for the environment because they are made from biodegradable materials. This is an example of
A. resegmenting.
B. repositioning.
C. remarketing.
D. retargeting.
E. remanufacturing.
Answer: B
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On a balanced scorecard, which of the following would be most appropriate to measure financial performance?
a. Market share b. Customer retention c. Percentage of sales from new products d. Investment in intellectual capital
Joe's Auto Company uses the accrual basis of accounting. Which situation violates the matching principle during 2012?
A) Sales commissions are charged to expense in 2012 on all sales revenue recognized in 2012 even though some of the commissions have not been paid. B) Insurance expense is recognized for the total cost of a 1-year policy purchased in May, 2012. C) Rent expenses are recognized as expenses in 2012 even though the last bill received in 2012 will not be paid until 2013. D) Sales commissions paid in 2012 for 2013 commissions are recorded as prepaid expenses for 2012.
Costs that might be incurred by service, merchandising, and manufacturing companies are described below:Sales commissions paid to sales associates in a department store Shipping cost for Amazon Electricity cost to heat and light a law firm Rent on a storeroom used by Turf Pros to store lawn equipment Salary of a supervisor in a Best Buy distribution center Wages paid to production workers in a General Motors plant Insurance on a Hershey factory Fuel costs for Southwest Airlines Depreciation of office equipment by Microsoft Corporation Dishwashing in an Olive Garden restaurant Salary of the CEO of Microsoft Lubricants used to maintain machinery in a textile factory Cost of metal cans used in a dog food factory Cost of pizza boxes for
Domino's Pizza Material handling costs for Frito Lay Required:Classify each cost as variable (V) or fixed (F) with respect to volume or level of activity. What will be an ideal response?
A warranty on the sale of an existing home typically
A) covers all defects for a 10-year period. B) covers the structural integrity of the home. C) is similar to an extended warranty on the home appliances. D) has low or nonexistent deductibles.