There are many furniture manufacturers. Tall Paul's is the only one that makes furniture to meet the needs of people who are over 6'6" tall. These people find furniture designed for average-sized people to be cramped and uncomfortable. Tall Paul's uses _____ segmentation.

A. geodemographic
B. usage rate
C. demographic
D. psychographic
E. benefit


Answer: E

Business

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The use of computer monitoring allows product costs to be traced directly to work cells

Indicate whether the statement is true or false

Business

A market research study is being conducted to determine if a product modification will be well received by the public. A total of 1,000 consumers are questioned regarding this product

The table below provides information regarding this sample. Positive Reaction Neutral Reaction Negative Reaction Male 240 60 100 Female 260 220 120 (a) What is the probability that a randomly selected male would find this change unfavorable (negative)? (b) What is the probability that a randomly selected person would be a female who had a positive reaction? (c) If it is known that a person had a negative reaction to the study, what is the probability that the person is male?

Business

Only ____________________ may make the warranty of merchantability

Fill in the blank(s) with correct word

Business

Charleston Corporation (CC) now operates as a "regular" corporation, but it is considering a switch to S Corporation status. CC is owned by 100 stockholders who each hold 1% of the stock, and each faces a personal tax rate of 35%. The firm earns $2,800,000 per year before taxes, and since it has no need for retained earnings, it pays out all of its earnings as dividends. Assume that the corporate tax rate is 34% and the personal tax rate is 35%. How much more (or less) spendable income would each stockholder have if the firm elected S Corporation status?

A. $6,436 B. $5,507 C. $6,188 D. $6,497 E. $6,250

Business