Sean has created an automatic cat feeder that will release small amounts of wet food at times set by the owner. He hopes that the unit will solve the problem of having to feed the cat multiple times a day or having to throwout food that has gone dry.He builds seven crude but serviceable units and asks friends with cats to test the product.He then obtainstheir feedback.What is this action called?
a. a pilot
b. a storyboard
c. a product launch
d. an operational test
a. a pilot
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Texas Inc has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31 . What is the annual dividend on the preferred stock?
a. $75 per share b. $75,000 in total c. $10,000 in total d. $0.75 per share
Marketers classify innovations into three categories based on their degree of newness. Explain these categories, identifying the role the consumer has in each
What will be an ideal response?
The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has average total assets of $135,000, of which $102,000 is property, plant and equipment. What is the company's return on investment? (Round your final answer to 1 decimal place.)
A. 14.7% B. 11.1% C. 12.5% D. 18.8%
The Arbor Apartments can legally restrict tenants to those who are married couples
a. True b. False Indicate whether the statement is true or false