What is the characteristic of the patronage model of crowdfunders?
a. investors provide financial support with no expectation of direct return
b. investors are given prizes for their financial support, such as product samples or experiences
c. equity is exchanged for the contribution
d. funds are treated as loans
a. investors provide financial support with no expectation of direct return
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Data are raw, unorganized facts
Indicate whether the statement is true or false
Your firm has decided to localize its products and services to meet local market demands. A good approach to use would be ________ segmentation
A) place of residence B) psychographic C) usage D) positioning E) social class
A project budget report is showing our project as spending $35,000 against a budgeted amount of $40,000. We can assume that everything is going as planned and that we are under budget.
Answer the following statement true (T) or false (F)
Cost-volume-profit analysis cannot be used if which of the following occurs?
A) Costs cannot be properly classified into fixed and variable costs B) The total fixed costs change C) The per unit variable costs change D) Per unit sales prices change