During the introduction stage of a product's life cycle, typical consumers are

A. pioneers.
B. early majority.
C. early adopters.
D. laggards.
E. innovators.


Answer: E

Business

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The Fixed Asset System is similar to the expenditure cycle except

a. fixed asset transactions are non-routine and require special authorization and controls b. fixed assets are capitalized, not expensed c. both a and b d. none of the above

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The approach to situational leadership that considers various factors simultaneously and uses a decision-tree analysis is ______.

a. path-goal b. Hersey/Blanchard c. Vroom/Jago d. none of these

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Sinopole's Pharmaceutical Delivery Company is a high-volume business that features home delivery services to elderly shut-ins. Located in Bakersfield, California, the company currently uses six delivery trucks to service the area within a 100-mile radius of the city. Each delivery truck can make a maximum of 600 deliveries per month. In June, the demand for these deliveries totaled 3,200, and the

company has been experiencing a 2 percent increase in demand, compounded monthly. In which month must the company add a seventh delivery truck, given these estimates? a. August b. October c. February of next year d. December

Business

Mariposa Corporation had a Retained Earnings balance on January 1, 20x4, of $936,000; declared cash dividends during 20x4 in the amount of $159,900, of which $39,000 were not paid until 20x5; and reported an ending balance of Retained Earnings of $1,326,000. Based on these facts alone, net income for 20x4 for Mariposa Corporation must have been

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Business