Answer the following statement(s) true (T) or false (F)
1. Customers are often more involved in the design of services than in the design of goods.
2. External fit of new products relates to the condition of the market and desires of customers.
3. The automotive industry often uses contract manufacturers to produce component parts.
4. Idea generation is the first stage of the product development process.
5. IBM and Microsoft are both well known for basic research accomplishments.
1. True
2. True
3. True
4. True
5. True
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In terms of globalization and the impact on Canadian businesses, Canada must do all of the following, except:
A) Block the transfer of intellectual capital. B) Recognize that performance will be more important than ownership and control of business. C) Forge international links. D) Recognize that there will be less distinction between foreign and domestic enterprises. E) Restructure research and development.
In the U.S., the government's ___________ regulates chemicals that pose an unreasonable risk to humans.
What will be an ideal response?
Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits "Cash" for $600 and credits "Unearned Subscription Revenue" for $600. As of January 31, the company has provided one month of magazines and has earned one month of revenue. What adjusting entry is
necessary at January 31? A) Unearned Subscription Revenue 600Subscription Revenue 600 B) Subscription Revenue 100Unearned Subscription Revenue 100 C) Unearned Subscription Revenue 100Subscription Revenue 100 D) Subscription Revenue 600Unearned Subscription Revenue 600
Which of the following sentences provides the most effective incentive for consumers to complete and return a survey about laundry detergents?
a. Return your completed survey by May 1, and you'll receive $40 worth of coupon discounts on products of interest to you and your family. b. Your participation in our survey enables us to produce the best possible products for you and your family—products you can trust to be safe, effective, and economical. c. We would really appreciate getting your opinions about detergent brands. Please send back your survey by May 1. d. Your cooperation in returning the survey will help us make laundry detergents even better.