Ford's Edsel is an example of a product that failed because it lacked ________.
A. name recognition
B. focus
C. competitiveness
D. options
Answer: B
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Great Lake Glassware Company issues $1,121,000 of its 12%, 10-year bonds at 99 on February 28, 2018. The bonds pay interest on February 28 and August 31. Assume that Great Lake uses the straight-line method for amortization. The journal entry to record the first interest payment on August 31, 2018 includes a ________.
A) debit to Cash for $67,260 B) debit to Interest Expense for $67,821 C) debit to Interest Expense for $66,699 D) debit to Discount on Bonds Payable for $561
You have been hired as a consultant by Mary Dillon, CEO of Ulta Beauty, a $5.9 billion company that is the largest U.S. retailer of cosmetics. CEO Dillon has asked you to consider several related diversification options for Ulta based on the potential for good resource fits. You would advise CEO Dillon that a company pursuing related diversification exhibits resource fit when
A. each new line of business for Ulta could generate large internal cash flows over and above what is needed to build and maintain the business. B. each new line of business for Ulta could become a cash cow. C. each new line of business for Ulta could become sufficiently profitable to generate an attractive return on invested capital. D. the resource requirements of each new line of business for Ulta could be synergistic with the company's available resources. E. each new line of business for Ulta would add to a company's overall resource strengths and have matching resource requirements and/or could do so when Ulta has adequate corporate resources to support its business needs and add sufficient value.
If an asset being considered for acquisition has a beta of zero, its expected return will be equal to the risk-free rate.?
Answer the following statement true (T) or false (F)
When Procter & Gamble (P&G) introduced Liquid Tide to a new segment, consumers in the traditional powdered detergent segment switched to the liquid product. Rather than real sales growth, P&G simply experienced the shifting of existing customers to a new product. This exemplifies a drawback of multisegment targeting strategy called:
A. demarketing B. selective perception C. undifferentiation D. cannibalization E. market repositioning