A market development strategy would not involve:
A. offering the same product to a different demographic group.
B. selling new products to consumer's purchasing the firm's existing products.
C. selling the existing product in new locations.
D. using customer experience to develop new uses for the existing product.
Answer: B
You might also like to view...
In the context of structural configurations proposed by Mintzberg, the _____ is a loosely coupled, composite structural configuration composed of units, each of which may have its own structural configuration.
A. professional bureaucracy B. machine bureaucracy C. divisionalized form D. simple structure
The ________________ is the number of days required to complete the working capital cycle.
Assume that investors have recently become more risk averse, so the market risk premium has increased. Also, assume that the risk-free rate and expected inflation have not changed. Which of the following is most likely to occur?
A. The required rate of return will decline for stocks whose betas are less than 1.0. B. The required rate of return on the market, rM, will not change as a result of these changes. C. The required rate of return for each individual stock in the market will increase by an amount equal to the increase in the market risk D. The required rate of return on a riskless bond will decline. E. The required rate of return for an average stock will increase by an amount equal to the increase in the market risk premium.
An employee earned $44,100 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is:
A. $2728.00. B. $638.00. C. $3373.65. D. $6732.00. E. $6094.00.