Intel’s invention of the microprocessor in the early 1970s, Cisco’s development of the router for routing data over the Internet in the mid-1980s, and Apple’s development of the iPod, iPhone, and iPad in the 2000s can be referred to as which type of innovation?

A. Process
B. Product
C. Customer
D. Resource
E. Value-chain


Answer: B

Business

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A) situation B) implication C) problem D) need-payoff E) challenge

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Which of the following situations is best addressed by regression?

A) Is there an association between market share and the size of the sales force? B) Is there an association between market share and size of the sales force after adjusting for the effect of sales promotion? C) Determine how much of the variation in the dependent variable (store sales) can be explained by the independent variables (price and level of advertisement). D) Are consumers' perceptions of quality related to their perceptions of prices when the effect of brand image is controlled?

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Accumulated depreciation is shown on the balance sheet as a subtraction from the cost of its related asset.

Answer the following statement true (T) or false (F)

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________ is a subscription-based retailer using predictive marketing and Big Data.

A. Macy's B. Stitch Fix C. Dell D. Lands' End

Business