Adding value to the product (or line) through additional features or higher-quality materials is referred to as ________.
A. product enhancement
B. product extension
C. trading up
D. trading down
E. quality infusement
Answer: C
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Williams-Sonoma reported a tenfold increase in response rates when it adopted personalized e-mail offerings based on individuals' on-site and catalog shopping behavior
Indicate whether the statement is true or false
In comparing management accounting with financial accounting, which of the following statements is true?
a. Both use historical costs as their primary unit of measurement. b. Both depend on the double-entry system of accounting. c. Both require adherence to GAAP. d. Financial accounting reports are more objective, whereas management accounting reports are more subjective.
Which type of report would be used to help the reader to solve problems or support a business decision?
A) Informational B) Analytical C) Executive summary D) Abstract E) Narrative
The following cash transactions were among those reported by Genesee County's Wastewater Enterprise Fund for the year: Proceeds from sale of revenue bonds for construction$5,000,000 Interest income 300,000 Capital contributed by developers 1,000,000 In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, what amount should be reported as cash flows from investing activities?
A. $5,300,000. B. $1,300,000. C. $6,300,000. D. $ 300,000.